Category Archives: Households

Rising debts: the real problems are the growing imbalances in our national balance sheet

There’s growing alarm over rising debt levels in Canada, but by just looking at household and government balance sheets, a big part of the picture—and the solution—is being neglected.

The Globe and Mail has published a week-long series on “Debt: Canada’s borrowing binge” that’s heavy on alarm, but short on solutions. And certainly the situation appears alarming.

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