December 13, 2019 / 1:47 PM / 8 months ago

Canada third-quarter household debt-to-income ratio rises

FILE PHOTO: The moon rises behind the skyline and financial district in Toronto, November 25, 2015. REUTERS/Mark Blinch

TORONTO (Reuters) - The ratio of Canadian household debt-to-income widened to 174.0% in the third quarter from a downwardly revised 173.4% in the second quarter, Statistics Canada said on Friday.

National net worth rose by 0.1% in the third quarter to C$12.62 trillion ($9.59 trillion), while national net worth decreased to C$334,165 on a per capita basis.

Reporting by Dale Smith; Editing by Catherine Evans

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