By Pamela Swanigan
Here are the average amounts of household debt. Figures in parentheses are percentage change from 2013 to 2014.
Atlantic provinces: $64,120 (+36%)
Quebec: $59,805 (+5%)
Ontario: $67,507 (-12%)
British Columbia: $99,834 (+26%)
Alberta: $124,838 (+40%)
Manitoba and Saskatchewan: $82,100 (-17%)
Canada: $76,140 (+6%).
Overall, Canadians’ debts are equivalent to 162.6% of their annual disposable income.
United States (2012): USD$75,600 (average household income $84,300)
United Kingdom: £54,000 (CDN$97,740; +100% from 2003)
Russia (2013): USD$15,000 per person (2013 average income $7,500)
China (2012): USD$1,737Â (average income USD$10,000)
Qatar (2013): USD$143,000Â (+260% from 2004; average household income USD$239,000)
Ireland (2012): £38,938 per person (CDN$70,477)
Sources: Huffington Post; BMO; The Telegraph (Britain); Vedomosti (Russia); Forbes; Raidió TeilifÃs Éireann
