Quote:
Originally Posted by peter12
The whole dual income professional class stuff is a bit of nonsense. Those aren't the people drowning in debt. Besides a household earning 220k is in the top 1% of Canadian households. We're clearly talking about the bottom 1/3 here.
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I was trying to find a chart that broke out debt by income level to see if this is true. This is the best I could find, but only for 3 cities.
https://www150.statcan.gc.ca/n1/pub/...019003-eng.htm
Interesting that Montreal "poor" are in much less debt than Toronto and Vancouver. Also interesting though is that it looks to be an issue across all income levels in Toronto and Vancouver.
If anyone knows of a better chart for all of Canada I'd love to see it.