The country is officially broke: Canada’s debt load now highest of G7 countries

Canadian households are more in debt than those in any other G7 country, and the amount they owe is now more than the value of the country’s entire economy. Seventy-five per cent of the amount Canadians borrow went to mortgages or secondary properties.

We are primarily funded by readers. Please subscribe and donate to support us!

h/t monicka

Views:

Leave a Comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.