British Columbia

Household debt in B.C. climbs as experts warn crippling loads could spell ruin

By The Canadian Press
September 15, 2016 - 11:23am

KAMLOOPS, B.C. — Consumer debt experts in British Columbia say Statistics Canada’s latest figures on household debt are alarming.

Credit Counselling Society of B.C. president Scott Hannah says the numbers show households now owe $1.68 for every dollar of disposable income.