Sentences with phrase «mountain of household debt»

Canadians have amassed a $ 2 - trillion mountain of household debt that's casting a big shadow over the timing of the Bank of Canada's next interest r

In December 2015, Poloz went as far as to warn the nation that our ever - increasing mountain of household debt was «the most - important vulnerability to [Canada's] financial system.»

OTTAWA — Bank of Canada governor Stephen Poloz says Canadians have amassed a $ 2 - trillion mountain of household debt that is now casting a big shadow over the timing of his next interest rate hike.

Canadians have amassed a $ 2 - trillion mountain of household debt that's casting a big shadow over the timing of the Bank of Canada's next interest rate hike, governor Stephen Poloz said in a speech Tuesday in Yellowknife.

Not exact matches

Subsequently, economies in the last 30 years have become financialized, de-industrialized at the geographic metropolitan «center» where political and economic power is concentrated, highly economically unequally, and burdened down with mountains of private (corporate, financial and household) debt.