Average household debt tops $100,000

thestar.com – Business
17 February, 2011 7:02 PM
by Josh Rubin

Average household debt tops $100,000

February 17, 2011-CND DEBT-Jill Skorochod and her finance Scott Priest poses with their dogs Thursday February 17, 2011 in their east end Toronto home. The Vanier Institute for the Family today released a study that says the average Canadian family owes $100,000. Tara Walton/Toronto Star.

Canadian families have an average of $100,000 in debt and the rhe average debt-to-income ratio now stands at a record 150 per cent.

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