Rising rates will raise debt costs, curb spending, slow housing markets — but strengths persist
Higher rates should cool inflation, but low-income households face pain
Tighter monetary policy could derail deficit, debt reduction vision
Issuance declines in most categories, except investment grade corporates
Both household assets and debts are well above pre-pandemic levels, RBC reports
Credit market debt was 186.2% of household disposable income in Q4 2021, StatsCan reports
Credit card performance improves for third straight quarter in Q4
Average credit card spending for the period was higher than ever
Paper examines the long-term fallout from massive government support
An end to interest relief on pandemic benefits could lead to more insolvencies