What consumer debt crisis? Canadians said to be paying down their mortgages faster

[rwana]

http://i.cbc.ca/1.2530703.1392052781!/cpImage/httpImage/image.jpg_gen/derivatives/16x9_460/money-monitor-20120614.jpg Contrary to all the hype about consumer debt levels, Canadians are paying off their debts, especially their mortgages, at a faster rate than the Bank of Canada estimates, CIBC economist Benjamin Tal says.


more .... (http://www.cbc.ca/news/business/canadians-paying-down-debt-quickly-in-low-rate-environment-1.2799771?cmp=rss)