December 14, 2017 / 2:01 PM / 4 months ago

Canada household debt-to-income ratio hits record high in third-quarter

(Reuters) - The ratio of Canadian household debt-to-income grew to a record 171.1 percent in the third quarter from an upwardly revised 170.1 percent in the second quarter, Statistics Canada said on Thursday.

National net worth edged up by 0.1 percent in the third quarter to C$10.86 trillion ($8.48 trillion), while national net worth was C$294,500 on a per capita basis.

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