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Household Debt to Income slowed further.>

CANADA DATA: Household Debt to Income slowed further from record high
- SA Credit Market debt to disposable income in 2Q declined to 177.1% vs 
record high in 2018 3Q at 178.3%.
- Household debt to GDP in 2Q increased to 101.3% vs 1Q 100.6%
- Household debt to total assets grew to 16.9% in 2Q.
- Household debt payment to disposable income showed the highest ratio 
since 1990 at 14.93%; due to higher interest costs.

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