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Tag: debt service ratio

What Is “Debt To Disposable Income Ratio”?

You might have already noticed that the debt-to-income ratio, as reported quarterly by Statistics Canada, has been on the rise since a while ago, and it has reached a new record of 163.7% in the third quarter of 2015. (The following italicized paragraphs are all excerpts from The Daily released on Monday, December 14, 2015 by Statistics Canada: Leverage, as …

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