CANADIAN DEBT

• According to the last calculation from Statistics Canada, the average household owes 165 per cent more than it earns in annual disposable income, meaning an average family with $100,000 annual disposable income owes $165,000
• A new report says the level of Canadian consumer debt at the end of 2012 — not counting mortgages — was up nearly six per cent from a year earlier.
• The quarterly analysis estimates the average Canadian owed a total of $27,485 as of Dec. 31 for things like car loans and leases, credit cards and lines of credit.