Quote:
Originally Posted by PepsiFree
Do you mean consumer debt? And how is 20k of average debt representative of spending on non-exempt purchases only?
The average income of an Albertan is 50K/year. At 50K, that means you're spending 20% of your total income on non-exempt goods. That's an extreme amount, considering the list of exemptions in BC.
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Sorry, I meant consumer debt.
http://www.cbc.ca/news/canada/calgar...ifax-1.3484940