Rising incomes, slower housing market help Canadians trim debt ratios

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Rising incomes and a slower housing market helped Canada’s households modestly repair their balance sheets in Q2. Find out more.

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Canadians’ disposable incomes rose 2.6 per cent from the first quarter, according to data released Wednesday by Statistics Canada. At the same time, households pared their growth inAdvertisement 2THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLYExclusive articles by Kevin Carmichael, Victoria Wells, Jake Edmiston, Gabriel Friedman and others.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.

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Rising incomes, slower housing market help Canadians trim debt ratiosRising incomes and a slower housing market helped Canada’s households modestly repair their balance sheets in Q2. Find out more.
Source: financialpost - 🏆 7. / 85 Read more »