Holes in the pocket and the wallet:
Statistics Canada says the amount Canadians owe relative to their income moved higher in the second quarter as the level of debt grew faster than their earnings.
The agency says household credit market debt as a proportion of household disposable income rose to 181.7 per cent on a seasonally adjusted basis in the second quarter, up from 179.7 per cent in the first quarter.
In other words, there was about $1.82 in credit market debt for every dollar of household disposable income in the second quarter.
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