. Canada’s household debt burden – the ratio of credit market debt to disposable income – rose to 183.3 per cent in the third quarter, from 182.6 per cent in the second quarter. The ratio is nearing the record high set in 2018: 185 per cent. Meanwhile, Canada’s household net worth – the value of all assets minus liabilities – fell by around $330-billion during the third quarter, after a record quarterly decline of more than $930-billion between April and June.
An Ontario judge ruled this week that three former high-ranking officials from CannTrust Holdings Inc.brought against them by Ontario’s securities regulator, bringing an abrupt and final close to a trial that ended almost as soon as it began.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: