credit and debt
FEELING THE PINCH: PAYMENTS FOR PAST PURCHASES RISE
EQUALTOPEAK % ABOVETROUGH
16.00%
14.88
14.88
14.00%
12.00%
12.24
10.59
10.00%
% BELOWPEAK % ABOVETROUGH
8.77
8.15 6.74
8.00%
6.89
6.64
5.07
6.00%
% BELOWPEAK % ABOVETROUGH
5.73
4.00%
3.95
4.34
2.00%
2.25
0.0%
Q1 1990 - Q1 2019
NONMORTGAGE DEBT
MORTGAGE DEBT
TOTAL DEBT
PRIME RATE
SOURCE: NATIONAL BALANCE SHEET ACCOUNTS, STATISTICS CANADA DATA: SEASONALLY-ADJUSTED AT ANNUAL RATES
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