Article warns household debt threatens financial stability

The Vancouver Sun has published another article about Canada’s high household debt and the risks it causes.

The article, by Maciej Onoszko of Bloomberg News is titled:  Canada’s Record Household Debt is Threatening Its Financial Stability, Global Bankers Fear.

The article draws on a number of national and international experts.  The main focus of the story:

Canada’s debt, swelled by a decade-long housing boom to almost triple the size of its economy, is drawing increasing concern from an international banking community that says it threatens growth and financial stability.

You can read the full article here.