High debt levels and rising rates may keep consumers on the sidelines
26% of Canadians incurred at least one new kind of debt during the pandemic
Over half of survey respondents to a recent consumer debt poll have considered borrowing more
Some Chinese banks are disclosing what they are owed by the real estate developer, hoping to quell fears
Mortgage borrowing jumps amid low rates, tougher rules
Canada's poorest households saw increases in their income, net worth
Finance, insurance, real estate and leasing businesses were least likely to have taken on debt
Overall consumer debt now stands at $2.15 trillion
The drop in the deficit came as spending dropped compared with a year ago
Mortgage debt, however, rose by a record $99.6 billion