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Canada’s Household Debt to Income Rises to 173.8% After Revisions

Canada’s debt to income ratio rose in the third quarter after revisions showed households owed more relative to their incomes than was previously believed.

The ratio climbed to 173.8 percent on an unadjusted basis, from 173.2 percent in the second quarter, Statistics Canada reported Friday in Ottawa. That’s down from a record 174.4 percent in the third quarter last year.