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News Releases
Low-income households spend 31 per cent of their incomes on debt repayment
10 November 2020
New report shines a light on consumer debt – a potential roadblock to Canada's recovery TORONTO, Nov. 10, 2020 /CNW/ - Almost half of low-income households and 62 per cent of moderate-income households carry debt, with households on low incomes spending 31 per cent of their income on debt repayments, according to a new report published by national cha...
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