1 in 10 Canada Families Highly in Debt: Chart of the Day
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Canada’s housing boom created a nation where more than one in 10 families are what the central bank calls “highly indebted,” data from polling firm Ipsos Canada shows.
The share of households with debts greater than or equal to 250 percent of gross income reached a record 13.5 percent last year, according to Ipsos, the CHART OF THE DAY shows.