Canadian household debt at record high, inflation stalls

(June 14, 2017) -- Household net worth in Canada climbed to a record high of $10.5 trillion in the first quarter of 2017. However, the all items U.S. Consumer Price Index unexpectedly fell 0.1 percent in May to bring the year-over-year rate down to 1.9 percent from 2.2 percent in April.