Younger, less affluent households see larger wealth gains
The figure is the second-highest on record but an improvement over 2020
The recent throne speech said recovery from the pandemic will be fuelled by growth, not spending cuts or tax hikes
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
A report questioned investors' timing as debt returns faltered and stocks outperformed
Over half of survey respondents to a recent consumer debt poll have considered borrowing more
Unemployment rates for visible minorities have remained higher than for other Canadians
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