Carney keeps warning people of household debt - given the continued rise, it's obvious people are ignoring him. Though, I did find it interesting how he worded his recent comments:
http://business.financialpost.com/20...ps-norm-by-35/
Mr. Carney said when it comes to household debt “the message is one of prudence and caution,” adding that the average home price in Canada is about 4.75 times people’s income, while the historic average is closer to 3.5.