Tag: Canadian mortgage debt
-
Nearly 8 Out of 10 Dollars Canadians Owe Is Mortgage Debt – StatCan Warns of Rising Risk
Canadian real estate is once again fueling household debt, with new data from Statistics Canada showing mortgages now make up a record share of total borrowing. As of August 2025, nearly 8 in 10 dollars of household credit are tied to mortgages, a concentration that’s increasing economic risk despite slower overall borrowing. Canadian Household Debt Tops $3.13 Trillion Canada’s…
Canada Housing Market 