households · Frozen publication data
Aggregate debt service eased, but payments still rose
Principal and interest obligations relative to income
Unit: % of disposable income before interest
Apr 2026Total debt service 14.5%Mortgage debt service 7.72%Non-mortgage debt service 6.8%
The household debt-service ratio fell to 14.52% in Q2 as income grew faster than required payments.
Source: Homies Research, using Statistics Canada data. Reference: 2026-Q2. Released 2026-09-11. Retrieved 2026-09-28.
Seasonally adjusted quarterly ratios · Aggregate ratios hide distributional stress; Q1 revised; debt service denominator is disposable income before interest payments.
View accessible data table · 3 series, 21 observations
Showing the latest 12 observations.
| Period | Total debt service | Mortgage debt service | Non-mortgage debt service |
|---|---|---|---|
| Jul 2023 | 15.1% | 8.19% | 6.89% |
| Oct 2023 | 15.1% | 8.2% | 6.93% |
| Jan 2024 | 15.1% | 8.17% | 6.94% |
| Apr 2024 | 15.1% | 8.21% | 6.88% |
| Jul 2024 | 14.8% | 7.99% | 6.78% |
| Oct 2024 | 14.7% | 7.89% | 6.78% |
| Jan 2025 | 14.7% | 7.88% | 6.8% |
| Apr 2025 | 14.8% | 7.93% | 6.86% |
| Jul 2025 | 14.7% | 7.87% | 6.85% |
| Oct 2025 | 14.7% | 7.83% | 6.85% |
| Jan 2026 | 14.7% | 7.81% | 6.87% |
| Apr 2026 | 14.5% | 7.72% | 6.8% |
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