Despite carrying record levels of debt, households once again responded to the price signal sent to them by their central bank and went shopping. (canadianbusiness.com)
That's a drag on growth, but a welcome one if it means households have begun doing something about record levels of debt. (canadianbusiness.com)
But much of that is contingent on consumer spending, which is being financed by record levels of debt. (canadianbusiness.com)