Debt ratio rises
The debt-to-income ratio is actually 163%, not 152%, StatsCan says.
GST holiday break: Is it good for Canada’s economy?
Economists share how the temporary tax cut and relief cheques may play into Canada’s growth picture.
- Apparently the household debt problem in Canada is worse than we thought. Revisions by Statistics Canada Monday show that the debt-to-income ratio is 163%, not the 152% previously reported.
- TD Waterhouse Discount Brokerage has launched a new online trading platform for investors who trade U.S. stocks. Here’s more information on the service.
- New data shows an up-tick in Canada’s housing market in September compared to August but the sales numbers are still down from year ago.
- Air Canada’s new discount airline was designed to save the company—not travellers— money, suggests Canadian Business.
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