Free Trial
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
CANADA DATA
- Canadians paid 15% of disposable income on debt service costs in Q4, the same as in Q3 after a downward revision (from 15.2% to 15.0%) to match record highs in 2019 and 2007.
- Canadian household net worth bounced +1.8% to +CAD16,420B in Q4 after -1.8% to CAD16,168B in Q3.
- Increase was driven by financial assets which were at new record highs of CAD9,741B, surpassing the previous record set in Q4 2021. Value of residential real estate falls for a second quarter, declining 1.9% or CAD158B.
- Rate hikes are discouraging new borrowing, with 2023 reporting the slowest growth in household liabilities since 1990, +3.4% YOY.
Household debt service ratioSource: StatsCan
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
We are facing technical issues, please contact our team.
ok
Your request was sent sucessfully! Our team will contact you soon.
ok