Scotiabank Investor Presentation
CA: Household Finances
30
25
20
15
10
5
0
Household Savings Ratios Still Elevated
% of disposable income, SAAR
чит
Household Credit-Market Debt Has Levelled Off
200
180
160
140
80
2886
120
100
-5
92 94 96 98 00 02 04 06 08 10 12
60
14 16
18 20 22
Sources: Scotiabank Economics, Statistics Canada.
Ratio of Household Assets to Liabilities Rising
750 %
700
650
600
550
500
450
400
350
92 94 96 98 00 02 04 06
Sources: Statistics Canada, Federal Reserve Board.
Canada
U.S.
% of disposable income, SAAR
Adjusted Canadian
Official U.S.
-- Official Canadian
92 94 96 98 00 02 04 06 08 10 12 14 16 18 20 22
Sources: Scotiabank Economics, Statistics Canada, BEA, Federal Reserve Board.
Household Debt-Service Ratios Tempered
16
% of disposable income, SAAR
14
12
10
8
Debt service ratio
6
(interest only)
4
2
Debt service ratio
(principal and
interest)
Debt service ratio
(principal only)
0
222
20
22
92 94 96 98 00 02 04
08 10 12
Sources: Scotiabank Economics, Statistics Canada.
06
14
16 18 20
20
22
22
08
10
12
14
16 18 20
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