The 'Laissez-faire' Debt Problem

Channel:

Jason Unruhe

Subscribers:

43,400

Published on March 20, 2015 10:00:01 PM ● Video Link: https://www.youtube.com/watch?v=RDHYAP71bC4

Duration: 5:32

2,720 views

122

A new Statistics Canada report suggests Canadians continue their free-spending ways, which experts say is due to a carefree outlook on borrowing money. Consumer debt rose by 7.7% in 2014.

Source:

High consumer debt reflects 'laissez-faire' attitude to borrowing, CBC
http://www.cbc.ca/news/business/high-consumer-debt-reflects-laissez-faire-attitude-to-borrowing-1.2988768

Average Canadian house price climbs 6.3% to $431,812, CBC
http://www.cbc.ca/news/business/average-canadian-house-price-climbs-6-3-to-431-812-1.2993674

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