credit and debt
The share of income that Canadians are devoting to servicing their debts remains elevated.
IN SERVICE TO OUR MORTGAGE DEBT
1.3
1.2
1.19
1.1
1.03
1.0
0.9
0.88
0.8
0.7
2018
2019
2020
2021
2022
2023
2024
TOTAL DEBT SERVICE RATIO DSR
MORTGAGE DSR NON MORTGAGE DSR
DATA: INDEX OF PROPORTION OF DISPOSABLE INCOME GOING TO DEBT SERVICE, CANADA
SOURCE: STATISTICS CANADA. TABLE 11-10-0065-01
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