Currently, Canadian households have about $1.76 in debt for every dollar of disposable income, which is a record high for Canada. It's actually higher than was the case in the United States in the lead-up to the great financial crisis there. In that context, though, the household debt was concentrated among people who had subprime mortgages and other exotic lending products. In other words, the population as a whole was not exceptionally indebted, but there was a concentrated group of people with a very particular set of circumstances who did have high levels of debt.
My question for you is whether there is a particular group or cohort of Canadians who have an inordinately high debt, who are particularly vulnerable to an eventual rise in interest rates or unemployment.