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flag Canada's household debt-to-income ratio hits 174.9%, marking $1.75 in debt per dollar of income.

flag In the second quarter of 2025, Canada's household debt-to-income ratio rose to 174.9%, indicating $1.75 in debt for every dollar of disposable income. flag Despite a slight slowdown in borrowing to $31.6 billion, total household debt surpassed $3.1 trillion, with mortgages accounting for 75%. flag Meanwhile, household net worth increased by 1.5%, driven by stock market gains, though the national net worth only rose by 0.1% to $19.123 trillion.

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