#1
In case anyone accidentally forgets during these um troubled times. A redux:

Thanks Stephen Harper.

OTTAWA — Canadian households appear to be managing their debt loads just fine these days, it turns out.


In fact, the ratio of debt-to-disposal-income continued a downward trend in the first quarter of 2015, albeit at a slightly slower pace than before, Statistics Canada said Friday.


That ratio now stands at 163.3, compared to 163.6 in the fourth quarter of 2014, the federal agency said in a report. In other words, households owe $1.63 for every dollar that they can afford to spend.


The ratio of total household debt to assets stood at 17.8 per cent between January and March, down from 18.1 per cent the previous quarter and continuing a downward trend that began in 2009.


“Since then, asset prices have rebounded significantly, but the ratio of household debt to total assets has not yet returned to pre-recession levels,” the agency said.


At the other end of the ledger, household net worth to disposable income keeps going up, reaching a record ratio in the January-to-March period of 767.1.


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Canada’s household debt ratio declines as wealth hits new highs