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Sunday, July 3, 2011

Beware lines of credit, expert warns

Canadians owe it to themselves to understand good debts vs. bad

Her story is not unique in Calgary or Canada, where household debt has soared to $1.5 trillion. The figure translates to a debt level of approximately $176,461, including mortgage costs, for an average two-child household, according to a report released mid-June by the Certified General Accountants Association of Canada.
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