2025-12-11 14:30:49

Canadian households are carrying heavier debt loads than before. The Q3 data shows the debt-to-income ratio climbed to 174.8%, meaning for every dollar earned, people owe $1.75. This kind of household leverage often signals tighter consumer spending ahead, which historically ripples through risk assets including crypto markets when economic pressure builds.

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MoonlightGamer

· 12-14 13:18

The deficit is overwhelming, and Canadians' debt ratio is truly remarkable... The crypto world will have to step in sooner or later.

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CoffeeNFTs

· 12-14 07:37

The era of selling houses to pay off debts has arrived. How can the crypto market remain unaffected?

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just_here_for_vibes

· 12-13 13:28

Canadians are in so much debt they're questioning their lives. Now the crypto world is about to suffer as well.

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SnapshotStriker

· 12-11 15:00

Canadians are accumulating more and more debt, earning one dollar but owing 1.75 dollars. This is heading towards an economic crisis.

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tx_pending_forever

· 12-11 14:55

Wow, Canadians have an average debt of 1.75 times their income? Looks like I really have to run to crypto now, since fiat currency isn't looking promising anyway.

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rekt_but_vibing

· 12-11 14:47

Wow... 174.8%? What are Canadians playing at? Earn one dollar, owe one dollar and seventy-five cents—how confident must they be!

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LeekCutter