Calgarypuck Forums - The Unofficial Calgary Flames Fan Community - View Single Post - Canadians naive about how long they’ll be in debt

chemgear · 08-29-2011, 10:27 AM

LOL, probably. It's actually worse in Canada than the US though:

http://www.theglobeandmail.com/repor...rticle1835539/

Canadians’ debt-to-income ratio is now higher than Americans’ for the first time in a dozen years, leaving policy makers with a dilemma: Rein in spending and risk hampering the recovery, or do nothing and risk a cascading financial failure.

08-29-2011, 10:27 AM	#5
chemgear Franchise Player Join Date: Feb 2010 Exp:	LOL, probably. It's actually worse in Canada than the US though: http://www.theglobeandmail.com/repor...rticle1835539/ Canadians’ debt-to-income ratio is now higher than Americans’ for the first time in a dozen years, leaving policy makers with a dilemma: Rein in spending and risk hampering the recovery, or do nothing and risk a cascading financial failure.