Investor Presentation
CA: Household Finances
30
25
25
Household Savings Ratios Elevated
% of disposable income, SAAR
20
20
15
15
10
110
5
0
Household Credit-Market Debt Has Levelled Off
200
% of disposable income, SAAR
180
160
140
120
100
80
Adjusted Canadian -----Official Canadian
Official U.S.
T
T
22
92 94 96 98 00 02 04 06 08 10 12 14 16 18 20
Sources: Scotiabank Economics, Statistics Canada, BEA, Federal Reserve Board.
-5
92 94 96 98 00 02 04 06 08 10 12 14
Sources: Scotiabank Economics, Statistics Canada.
16 18 20
60
Ratio of Household Assets to Liabilities Rising
750
%
700
650
600
550
500
450
400
Canada
U.S.
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)
350
0
92 94 96 98 00
Sources: Statistics Canada, Federal Reserve Board.
02 04 06
08
10
12
14
16
18
20
92 94 96 98 00 02 04 06
Sources: Scotiabank Economics, Statistics Canada.
08 10
12
14
16
18
20
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