Askume, Sept 12 – Canada’s household debt-to-income ratio fell to 174.6% in the second quarter from a revised 175.1% in the first quarter, Statistics Canada said on Thursday.
In the second quarter, net national wealth grew 1.6% to CAD 19.35 trillion (USD 14.24 trillion), while per capita net wealth rose to CAD 4,673,683.
(1 USD = 1.3585 Canadian Dollars)
(Reporting by Dale Smith; Editing by Promit Mukherjee) (( [email protected] ))