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flag Households owed $1.79 for every dollar of disposable income in Q4: Statistics Canada.

flag In Q4, Statistics Canada reported that households owed $1.79 for every dollar of disposable income, with household credit market debt as a proportion of disposable income decreasing for the third consecutive quarter to 178.7%. flag This drop was due to slower growth in mortgage borrowing during the period. flag The total household net worth increased by almost 2% to $16.4 trillion, driven primarily by financial market strength.

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