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Sep. 1: Canadian consumers are $2.5 trillion in debt and credit card debt at its highest in 17 years

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Content provided by Curiouscast and Global News / Curiouscast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Curiouscast and Global News / Curiouscast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Canadian consumers, according to Equifax this past week, are $2.5 trillion in debt and credit card debt at its highest in 17 years. ($1 trillion = 1,000 x $1 billion). Canadians on average are over $2.00 in debt for each dollar earned.

Guest: Linda Leatherdale from our Beauties and the Beast panel and former MONEY editor at the Toronto Sun who first alerted us to the massive consumer debt growth several years ago when Canadians owed approx $1.40 for each dollar earned.

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5001 episoade

Artwork
iconDistribuie
 
Manage episode 437533534 series 2342620
Content provided by Curiouscast and Global News / Curiouscast. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Curiouscast and Global News / Curiouscast or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Canadian consumers, according to Equifax this past week, are $2.5 trillion in debt and credit card debt at its highest in 17 years. ($1 trillion = 1,000 x $1 billion). Canadians on average are over $2.00 in debt for each dollar earned.

Guest: Linda Leatherdale from our Beauties and the Beast panel and former MONEY editor at the Toronto Sun who first alerted us to the massive consumer debt growth several years ago when Canadians owed approx $1.40 for each dollar earned.

Learn more about your ad choices. Visit megaphone.fm/adchoices

  continue reading

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