Canada’s household debt is really high. In fact, we outrank France, Italy, the UK and even the U.S. And while, the debt load is high for Canadians of every age group, one particular generation stands by owing over $600,000 on average.

Rob Carrick is The Globe and Mail’s personal finance columnist. He’s on the show to explain why Canadians owe so much and how over-indebted Canadians should be thinking about their finances.

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