AD
Credit cards are shown in this file photo on Oct. 6, 2022. The Canadian Press/Andrew Vaughan
|Updated:
Statistics Canada says the amount Canadians owe relative to their income ticked higher in the first quarter as debt grew faster than income.
The agency says the ratio of household credit market debt to disposable income rose to 173.9 percent on a seasonally adjusted basis, up from 173.5 percent in the fourth quarter of 2024.
