The pandemic has produced much less credit stress than the 2008 financial crisis
Large differences were observed between countries
The lower-than-expected reading should ensure the Fed leaves its interest rate unchanged at next week's meeting
Mortgage borrowing jumps amid low rates, tougher rules
The economy added 90,000 jobs in August, while the unemployment rate fell to 7.1% for the month
However, the jobless rate remains elevated during the pandemic
Overall share of households in Canada reporting financial difficulty has declined during the pandemic
A National Bank of Canada analyst assesses North American wage and salary trends
Driving the drop were declines in home resale activity and exports
The latest reading could be supportive for the Canadian dollar