Sentences with phrase «historically high levels of household debt»

«However, historically high levels of household debt and low wage growth will offset some of the positive impact of recent strong employment data, so consumers are likely to remain cautious.»

Not exact matches

With national household credit card debt at historically high levels, it may not seem prudent to discuss the notion of using your credit card to pay your bills.

At a time when Canadians are grappling with historically high household debt levels — upwards of 163 per cent according to Statistics Canada — young adults are feeling insecure about their knowledge of the financial implications of homeownership.