September 14, 2018 / 1:05 PM / 10 days ago

Canada second-quarter household debt-to-income ratio rises, still near record

(Reuters) - The ratio of Canadian household debt-to-income widened to 169.1 percent in the second quarter from an upwardly revised 168.3 percent in the first quarter, Statistics Canada said on Friday.

FILE PHOTO: A sign is pictured outside the Bank of Canada building in Ottawa, Ontario, Canada on May 23, 2017. REUTERS/Chris Wattie/File Photo

National net worth edged up by 1.7 percent in the second quarter to C$11.64 trillion ($8.96 trillion), while national net worth edged up to C$312,716 on a per capita basis.

Reporting by Dale Smith

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