If you have a few thousand
dollars of disposable income lying around, then you have the option of getting your audiobook made right away with a good portion of the narrators on ACX.
That's just over $ 1.70 in debt for
every dollar of disposable income.
Household debt continues to hit record highs, with Canadians owing $ 1.67 for
every dollar of disposable income they earned at the end of the third quarter of 2016.
According to Statistics Canada, Canadians now owe $ 1.67 for
every dollar of disposable income and Canada's total consumer debt is now at a sky high $ 2.03 trillion.
That means, on average, Canadians owed $ 1.67 in credit market debt — mortgages, other loans and consumer credit — for
every dollar of disposable income.
Think of it as an extreme version of what's happened in Canada, where house prices in Toronto and Vancouver have spiralled higher and families owe a record $ 1.65 on average for
every dollar of disposable income they earn.
Canadians are carrying more debt than they have ever held before, with Statistics Canada saying households in the country now owe nearly $ 1.67 for every one
dollar of disposable income they make.
As of the first quarter of this year, Canadians owed $ 1.67 for
every dollar of disposable income earned.
Household debt continues to hit record highs, with Canadians owing $ 1.67 for
every dollar of disposable income they earned at the end of the third quarter of 2016.
Just how sensitive consumers — and the economy — will be to higher rates has become a key question for policy makers, with Canadians now holding a record $ 1.70 in debt for
every dollar of disposable income.
This means that the average household has $ 1.64 in debt for
every dollar of disposable income.
The facts speak for themselves: Canadians owe an average of $ 1.67 for
every dollar of disposable income.