Bank of Canada says Canadians' debt burden to get worse | Economy | News | Financial Post - 0 views
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Canadian households will see their debt burden worsen further in coming months even after the government stepped in to tighten mortgage rules
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the bank held its benchmark interest rate at 1% but signaled it may need to raise rates.
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The central bank said measures introduced in June to curb mortgage borrowing would help make the housing market more sustainable, but it still showed concern.
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This is an article that reports there is an weaker than expected domestic demand in the second quarter of 2012 and that households will likely see increasing debt burden.