Mr. Chair, let me just point out for the hon. member that household debt is actually about $1.8 trillion. Household assets have increased significantly and are now at $9.5 trillion. Therefore, the ratio of household assets to debt is 5.3.
The median, after-tax, after-transfer income for a two-parent family with children in 2011 was $83,600, an increase of $10,000 since 2006.