Woods and Mazzulla Investing | David Rosenberg’s 5 reasons Canada’s household debt panic is overblown | WAM Blog is your real estate research provider
“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).
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