Average new mortgage tops $300,000 for first time as consumer debt in Canada hits $2 trillion
Consumer debt in Canada rose 3.8 percent in the third quarter to $2.041 trillion, driven by the surging housing market and new auto loans, Equifax Canada’s latest report reveals.
Original Article Source Credits: Calgary Herald, https://calgaryherald.com/
Article Written By: Financial Post Staff
Original Article Posted on: 30th November 2020