Household debt as a share of GDP is at a virtual all-time high.
Household debt as a share of GDP is at a virtual all-time high.
The ratio of household net worth-to-GDP has risen over time.
Household assets have increased from $2 trillion in 1990 to $12 trillion last year.
Over the past 26 years, government-sector debt in Canada has grown to more than $2.5 trillion.
Interest payments on household debt consume 6 per cent of disposable income compared to almost 11 per cent in 1990.
Over the next five years, the federal government will add at least $113 billion in new debt with no plan for a balanced budget.