Indebtedness and Wealth Among Canadian Households
This article in the Economic Insights series examines data on the financial conditions of Canadian households, focusing on recent trends related to indebtedness, income growth, and net worth. Aggregate leverage indicators are examined for the household sector as a whole, followed by a more detailed analysis of households with different income profiles in selected urban areas. This study highlights the extent to which indebtedness and household wealth differ across the country, along with the financial vulnerabilities facing low income households.