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Old 10-15-2012, 06:32 PM   #167
chemgear
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Join Date: Feb 2010
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Hmmm, didn't realize that the calculation changed/wasn't consistent with "international standards". Oh well, at least they should be a bit more comparable with other countries now I guess:

http://business.financialpost.com/20...-than-thought/

The debt-to-income ratio rose to 163.4% in the second quarter of this year from 161.8% in the previous quarter, which was revised from 152.0%.

The 2011 adjustments, using new international standards, were due to an upward revision of household credit market debt, to $1.61-trillion from $1.59-trillion, the agency said.
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