"Note: Figures include the debt of governments, households and non-financial corporations at the end of 2020 Q3."
So, we're both right and you are still wrong.
It's funny they're worried about household debt while also saying right at the top of the same page, "Economy shrank most in post-war era as people hoarded money". How can Canadians be troubled by high debt and hoarded savings at the same time? I wonder. Is there anything in that article that takes into account the expected release of all that pent up demand when things return to close to business as usual? Why yes, it turns out there is.
And tell me, how much of that household debt do you suppose is in the form of inflated mortgages resulting from sharply rising home prices and how much of it is debt due to other large purchases like TVs and cars?
And hey, I wonder how you missed this part,
So yeah, keep on spreading the manure, something is bound to grow. Mean time, the meme thread is over there.