Canadian consumers pushed their non-mortgage debt up 3.4% Y/Y in Q1, with a 9.7% increase in...
Canadian consumers pushed their non-mortgage debt up 3.4% Y/Y in Q1, with a 9.7% increase in auto loans leading the way. Credit card debt fell for the 5th consecutive quarter, but its drop has been mirrored by an increase in borrowing on lines of credit.
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