Some actions by debtors could get the clock ticking again on debts which have passed the statue of limitations
The move follows a trend in other European countries
In 2017, researchers found homeowners extracted $89 billion in home equity through HELOCs and refinancing
StatsCan reports slight decrease in household debt ratio
However, consumer bankruptcies fell year over year
Refinitiv reports it was the worst start to a year since 2003
Data from May show an 8.6% year-over-year increase
Refinitiv reports equity issuance hit a three-year low, while debt issuance was up 2%
New StatsCan study finds debt-to-asset reveals more than debt-to-income
StatsCan reports the household debt ratio held steady at 177.6%