Yes, I was talking about the sensitivity of consumers to higher interest rates, if that's what you're referring to. The debt-to-income ratio is 146%, which is a record high.
On October 4th, 2010. See this statement in context.
On October 4th, 2010. See this statement in context.
Deputy Chief Economist, CIBC World Markets
Yes, I was talking about the sensitivity of consumers to higher interest rates, if that's what you're referring to. The debt-to-income ratio is 146%, which is a record high.
See context to find out what was said next.