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flag Canada's household debt rose to 177.2% of income in Q4 2025, exceeding $3.2 trillion.

flag Canada's household debt-to-income ratio rose to 177.2% in Q4 2025, the fifth straight quarter of increase, meaning households owed $1.77 in debt per dollar of income. flag Borrowing slowed to $36.2 billion, with mortgage debt rising to $28.7 billion and non-mortgage debt falling to $7.5 billion. flag The debt service ratio dipped slightly to 14.57%, and total household debt exceeded $3.2 trillion, up 4.4% from a year earlier.

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