Here are 4 images from Jonathan Tonge at America-Canada Blog regarding Canada, The Country of Fiscal Prudence

Credit Card Debt Up $43 Billion Since 1999



Personal Lines of Credit Up $180 Billion Since 1999



Mortgage
Debt Up $566 Billion Since 1999

Household Credit Up $715 Billion Since 1999

See the above link for more details.

Think there is no credit bubble in Canada? Think again.

Mike “Mish” Shedlock
Click Here To Scroll Thru My Recent Post List