credit and debt
DEBT SERVICE RATIOS CONTINUE TO RISE
ATPEAK % ABOVETROUGH
16.00%
14.87
14.96
14.00%
12.00%
10.59
10.00%
% BELOWPEAK % ABOVETROUGH
8.75
8.23 6.74
8.00%
6.89
6.00%
% BELOWPEAK % ABOVETROUGH
5.07
4.00%
4.34
2.00%
1.75
0.0%
Q Q
NONMORTGAGE DEBT
MORTGAGE DEBT
TOTAL DEBT
BOC TARGET RATE
SOURCE: STATISTICS CANADA DATA: PROPORTION OF INCOME SPENT ON PRINCIPAL AND INTEREST PAYMENTS
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