Explainers - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-28T22:10:19+00:00Household Spending and Debt
https://www.bankofcanada.ca/wp-content/uploads/2011/02/household_spending_debt.pdf
Highlights the value of ‘prudent’ borrowing in enhancing welfare, but also the risks of over-indebtedness for households, the economy and financial stability. Discusses trends in household debt, various debt metrics and why monetary policy is concerned with how households use borrowed funds.2014-03-03T10:56:15+00:00enHousehold Spending and Debt2014-03-03