There's something to be said for a calmer pace of borrowing.
But for now, credit performance is "incredibly strong."
Looks like new mortgage rules and higher interest rates are having an effect.
The country is seeing longer car loans and more uninsured mortgages.
Many risk "a dangerous debt trap that will be impossible for some to ever get out of."
“It’s clear that people are nowhere near prepared for a higher rate environment."
"We're all a little vulnerable right now, here in Canada."
Believing that some forms of debt are "good" could leave you in a bad place.
The Bank of Canada may want to think twice before starting to raise interest rates.
Beware rising interest rates.