Canada’s household debt levels rose at their fastest year-over-year pace in nearly three years in August, as Canadians continued to pile into residential mortgages in the wake of the Bank of Canada’s second interest-rate cut in six months.
http://www.theglobeandmail.com//report-on-business/economy/household-debt-rises-at-fastest-pace-in-nearly-three-years/article26572223
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