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Oh Canada: The Rise of Household Debt

Oh Canada: The Rise of Household Debt

The current state of Canadian household debt seems to be on everyone’s minds these days. With interest rates hitting a historical low last year and with housing prices also on the rise, more and more Canadians are taking on debt to help pay for homes, cars and consumer goods. Take a look at our infographic below for a quick snapshot look at the issue of rising household debt across the country.

Canadian household debt infographicCanadian household debt infographic

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Posted by in Debt
Caitlin graduated from Dawson College in 2009 and completed her Art History degree from Concordia University in 2013. She started working as a freelance writer for Loans Canada right after University, eventually working her way up to Chief Content Editor. Her work has led to a large expansion of the company’s content department and she manages a staff of talented writers who are passionate about educating Canadian consumers about credit, debt, and all things personal finance. With over five ...


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