Investor Presentaiton
CLIMB
6
Household liabilities*
% of GDP
140
120
100
Bars are 2019 Q2
High riskPosted on
WSJ: The Daily Shot
Medium risk 01-Oct-2019
Low risk@SoberLook
2008 Q2
80
50
60
20
0
6420
40
AUS
NLD
CAN
GBR
PRT
Canadian consumers:
champions of debt.
Canadian household debt to GDP is High Risk, where it
exceeds GDP.
More than a third of Canadians are now unable to cover
their monthly bills while keeping up with debt repayment.
Source: Oxford Economics
*These figures use domestic definitions of household
debt levels so are subject to minor adjustments in
definition - see link in text on Canada for more
"The results highlight just how financially vulnerable
Canadians are. Even small interest rate increases result in
financial strain".View entire presentation