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Debt module

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by

April Stewart

on 9 October 2013

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Transcript of Debt module

Is
debt
the new N RMAL?
Canadian
consumer debt
is over
$477 billion

There are only
7 billion

people in the world
Canadians have
mortgage debt of
$1.1 trillion

2013 - For every
$1.00

a Canadian earns, they owe
$1.65
1980 - For every
$1.00

a Canadian earned, they owed
$0.66
The average total debt load is
$114,400

per person
Those with a
higher
education
and a
higher
income are more likely to carry a
HIGHER
than average debt load
Canadian credit card debt is over
$73.7 billion
For every
$1.00

a Canadian earns, they owe almost a
$1.00

more than what they owed 33 years ago
Definition of "
NORMAL
"

Conforming to a standard;
usual, typical,
or expected.
Talk
about it
Plan
around it
Work
through it
Clients
will
thank
you
It's quite
normal

for Canadians
to have
debt
This is a test
Full transcript