Canadian Household Debt

CANADIAN HOUSEHOLD DEBT HOUSEHOLD DEBT ($ TRILLIONS) 1.60 $T SAVINGS RATES DOWN 1.55 27% 1.50 WORKING CANADIANS NOT CcOMMITTING ANY RESOURCES TO SAVINGS 1.45 2010 Q2 2010 03 2010 04 2011 Q1 2011 02 2011 03 HOUSEHOLD DEBT PER CAPITA ($) RETIRED CANADIANS HOUSEHOLD DEBT 46000 45000 33% 17% $100K+ 44000 AVG $60K DEBT 43000 2010 Q2 2010 03 2010 04 2011 Q1 2011 Q2 2011 03 HOUSEHOLD DEBT-TO-INCOME RATIO HOUSEHOLDS WITH INCOME 146.9% 144% LESS THAN $50K 6x ARE AVERAGE HOUSEHOLD DEBT MORE LIKELY TO BE FINANCIALLY VULNERABLE FOR FAMILY WITH 2 CHILDREN IN TERMS OF DEBT-SERVICE RATIO 2009 Q4 2011 Q1 $176,461 DEBT TO PERSONAL DESPOSABLE INCOME (%) DEBT TO GROsSS DOMESTIC PRODUCT (%) 155 94.3 94.2 152 94.1 149 94.0 93.9 146 93.8 93.7 143 93.6 140 2010 03 93.5 2011 01 2010 02 2010 04 2011 01 2011 Q2 2011 03 2010 Q2 2010 03 2010 04 2011 02 2011 03 SOURCES: Certified General Accountants Association of Canada; Statscan