Although nearly half of Canadians reduced their personal liabilities, roughly 37 per cent added to their debt to push the average amount up 3.3 per cent to $22,837 per person, not including mortgages. Canada 's household debt hit CAD1.8tn ($ six per cent ) in a year earlier , marking a Nearly 37% rise, Equifax Canada , and putting the nation's banking system at risk. Nearly 37% of Canadians added to their debt loads, pushing the average amount up Nearly 37% to CAD22,837 per person, not including mortgages, according Equifax Canada . Even so, nearly half of Canadians reduced their personal liabilities.
Canada 's household debt hit CAD1.8tn ($ six per cent ) in a year earlier , marking a Nearly 37% rise, Equifax Canada , and putting the nation's banking system at risk. Nearly 37% of Canadians added to their debt loads, pushing the average amount up Nearly 37% to CAD22,837 per person, not including mortgages, according Equifax Canada . Even so, nearly half of Canadians reduced their personal liabilities.