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Canadians’ debt levels hit record high at end of last year, CMHC says | The Star

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The data suggests that "their share in this space is growing," said Tania Bourassa-Ochoa, a specialist in housing research with CMHC. and what it is." Last year also saw the slowest year-over-year.

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MONTREAL — As Toronto and Vancouver struggle to keep housing affordable for anyone but the wealthy, Montreal says its new, first-on-the-continent. the need for a "balanced market," where high-end.

Canadian household debt reached a record high at the end of last year even as mortgage activity slowed, the Canada Mortgage and Housing Corp. said in a report out Wednesday. The debt to income ratio of Canadians hit a record high of 178.5 per cent in the fourth quarter last year as mortgage holders

This year, he admonished CEOs for hoarding cash rather than reinvesting it to help stimulate the economy, warned about rising household debt levels, and. is a rock star among lenders of last resort.

CMHC says Canadians debt levels hit record highs at end of last year TORONTO – Canadian household debt reached a record high at the end of last year even as mortgage activity slowed, the Canada Mortgage and Housing Corp. said in a report out Wednesday.The debt to income ratio of Canadians hit a record high of 178.5 per cent in the fourth.

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