Investor Presentaiton
Canada: Household Finances
HOUSEHOLD SAVINGS RATIO CONVERGING TO HOUSEHOLD CREDIT-MARKET DEBT ABOVE PRE-
PRE PANDEMIC AVERAGE1
PANDEMIC 2
30
% of disposable income, SAAR
25
20
15
10
5
0
чили
-5
60
200
% of disposable income, SAAR
180
160
140
120
100
86
80
Adjusted Canadian
Official U.S.
-- Official Canadian
T
92 94 96 98 00 02 04 06 08 10 12
14 16
18 20 22
92 94 96 98 00 02 04 06 08 10 12
14 16 18 20 22
RATIO OF HOUSEHOLD ASSETS TO LIABILITIES
750
%
650
550
450
FALLING 3
HOUSEHOLD DEBT-SERVICE RATIOS TEMPERED 1
16
% of disposable income, SAAR
Canada
12
U.S.
8
Debt service ratio
(interest only)
4
Debt service ratio
(principal and
interest)
Debt service ratio
(principal only)
350
0
T
92 94 96 98 00 02 04 06 08 10 12 14
16
18 20 22
92 94 96 98 00 02 04 06 08 10 12 14
16
18 20 22
1 Sources: Scotiabank Economics, Statistics Canada; 2 Sources: Scotiabank Economics, Statistics Canada, BEA, Federal Reserve Board; 3 Sources: Statistics Canada, Federal Reserve Board
74View entire presentation