Canada first quarter household debt-to-income ratio dips

FILE PHOTO: Phase 2 of the reopening from the coronavirus disease (COVID-19) restrictions in Toronto

June 11 (Reuters) - The ratio of Canadian household debt-to-income fell to 167.7% in the first quarter from 169.9% in the fourth quarter of 2020, Statistics Canada said on Friday.

National net worth jumped by a record 7.7% in the first quarter to C$15.0 trillion ($12.40 trillion), while national net worth increased to C$392,496 on a per capita basis.

($1=$1.21 Canadian)

(Reporting by Dale Smith; Editing by David Ljunggren)((david.ljunggren@tr.com; +1 647 480 7891))

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