Canadian household debt burden falls slightly, but still near record high

US consumer sentiment index hits 98.4 in July, slightly topping. The University of. tariff threat and ahead of the government’s July employment report. * Canadian dollar falls 0.6 percent against.

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So even though investors enjoyed a reprieve from the sell-off of the last few days, with the S&P 500 rising to a new closing high, they still couldn’t stop. pessimists who say unprecedented.

Canadian household debt as a share of income, a measure closely watched by policy-makers, slipped to 173 per cent in the first quarter from 173.7 per cent in the fourth quarter – but is still near.

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In part supported by low interest rates, Canadian consumers have been a steady source of economic growth, particularly through the housing sector. The result? Canadian households are carrying.

On the other hand, we continue to expect Commercial Lending to remain strong in 2019 relative to household based lending. "However, while the strained state of the Canadian household. While the.

TORONTO, July 31 (Reuters) – The high debt loads and depleted savings of Canadians. added to the subdued outlook for consumer spending, as servicing of debt, which has climbed to a record share of.

The Canadian dollar. was 1.3 percent. Household spending is showing tentative signs of slowing, the bank said, although the overall household debt burden continues to rise. The bank has raised the.

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The global economy is expanding, but Wilkins said high. still there and would be a factor if the Canadian economy were to be hit with an adverse shock," Wilkins said following a speech at the.

The amount that Canadians owe compared to what they earn ticked down in the first three months of 2016, but is still near a record high. it has moved slightly." Income and debt increased at the.

In reality, the rate of arrears is still forecast to reach only 0.3%, significantly below its historical average. external factors could create the conditions for a protracted slump in Canadian.