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Investor Presentaiton

CLIMB 7 The impending debt implosion. Equifax and Transunion both expect insolvencies to spike The money available to the average household after bill and debt payments is plummeting 180 Household credit market debt to household disposable income 175 170 165 Consumers are extremely vulnerable to even small interest rate hikes 160 Half of Canadians expect to get deeper into debt to cover bills The result may be a dangerous debt trap that will be impossible for some to ever get out of 155 First quarter 2013 Third quarter 2013 First quarter 2014 Third quarter 2014 First quarter 2015 Third quarter 2015 First quarter 2016 Third quarter 2016 First quarter 2017 Third quarter 2017 First quarter 2018 Third quarter 2018 First quarter 2019 Third quarter 2019 Source 1: https://www150.statcan.gc.ca/n1/daily-quotidien/200313/cg-a003-eng.htm Source 2: 2017 nationwide poll conducted by Ipsos on behalf of accounting firm MNP
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