Tag: household debt canada

• Mortgage Debt Crisis In Canada – 8 Out Of 10 Canadians Owe Mortgage Debt And It’s Getting Worse

  

  New data reveals that 8 out of 10 Canadians owe mortgage debt. Learn why mortgage debt is rising, how rate hikes made it worse, and what homeowners can do to reduce payments.

  Kaleylangille

  November 20, 2025

  Uncategorized

  bank of canada, Canadian mortgage crisis, household debt canada, mortgage debt Canada, mortgage payments rising, real estate, real estate market Canada

• 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…

  Kaleylangille

  October 24, 2025

  Uncategorized

  Bank of Canada interest rates, Canadian mortgage debt, Canadian real estate market 2025, household debt canada, real estate, Statistics Canada mortgage data