After being steady, the debt-service ratio has recently risen due to higher rates https://www.bankofcanada.ca/?p=205094 Debt-service ratio % Effective interest rate % 12.118.03 12.238.35 12.208.37 12.208.51 11.958.48 12.178.19 11.887.84 11.667.45 11.597.02 11.716.86 11.796.90 11.847.01 11.956.81 12.236.83 12.326.86 12.366.65 12.356.63 12.246.38 12.296.24 12.556.12 12.996.19 12.976.16 13.186.13 13.385.98 13.366.28 13.816.48 13.866.62 13.946.65 14.046.63 14.426.69 14.746.69 14.886.76 14.716.60 14.576.42 14.376.28 14.275.92 14.075.56 13.975.23 13.735.12 13.694.99 13.704.95 14.024.97 13.924.89 13.904.90 13.894.98 13.964.80 13.924.76 13.804.70 13.744.63 13.804.63 13.664.58 13.654.49 13.594.49 13.634.46 13.724.47 13.654.42 13.664.37 13.724.32 13.744.30 13.934.30 13.744.24 13.714.10 13.684.07 13.704.01 13.903.99 14.003.97 13.933.89 13.903.91 14.053.91 14.073.93 14.033.96 14.104.11 14.354.16 14.464.25 14.694.35 14.874.44