“There’s a lot of horror stories circulating lately around the latest data showing that Canadian household debt to income ratio has hit 165% — not just a record high, but also beating the bubble peaks in the United States.

Gluskin Sheff chief economist David Rosenberg, however, has taken a closer look at the figures. Here’s his five reasons why the panic may be a bit overblown.” (Financial Post: October 30, 2012).

Please click link below to view full article:

http://business.financialpost.com/2012/10/30/five-reasons-canadas-household-debt-panic-is-overblown-david-rosenbergs-5-reasons-canadas-household-debt-panic-is-overblown/

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