Canada Q2 household debt-to-income ratio rises, hits new record
Sept 13 (Reuters) - The ratio of Canadian household debt-to-income widened to a record 174.1% in the second quarter from a downwardly revised 172.8% in the first quarter, Statistics Canada said on Friday.
National net worth rose by 2.0% in the second quarter to C$12.38 trillion ($9.36 trillion), while national net worth increased to C$329,508 on a per capita basis.
($1=$1.3227 Canadian) (Reporting by Dale Smith)
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.