Even recession didn’t slow down Canadian’s spending, report finds
Posted by: Steven Brouwer
Neither recession, global uncertainty nor growing joblessness appears to have stayed Canadians’ appetite for spending money they don’t have. A new report by the Certified General Accountants Association of Canada shows that household debt in the country kept rising through the recession and peaked in December at $1.41 trillion. That’s $41,740 on average per Canadian, […]
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