rennie_landscape_Spring_2020

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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