RBC: Household debt increased in June

RBC: Household debt increased in June

RBC: Household debt increased in June A report from RBC Economics shows that the rate of debt growth reached the fastest pace since 2013 in June with the amount of debt held by Canadian households rising 4.6 per cent year-over-year to $1.84 trillion. With official figures showing a slowdown in the first half of the year the report expresses concern that consumers were borrowing more at that time.