OTTAWA, ONTARIO--(Marketwired - May 19, 2015) - On Wednesday, May 20, the Fraser Institute will release a new study examining whether the chorus of media headlines warning about the potential dire consequences of record household debt levels are warranted.

A Longer Term Perspective on Canada's Household Debt, written by Philip Cross, former chief economic analyst for Statistics Canada, spotlights the nature of household debt in Canada since the 1970s, looks at Canadians' net worth levels and explores debt-to-income ratios in other countries.

A news release with additional information will be issued via Marketwired on Wednesday May 20 at 5:30 a.m. (Eastern).

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The Fraser Institute is an independent Canadian public policy research and educational organization with offices in Vancouver, Calgary, Toronto, and Montreal and ties to a global network of think-tanks in 87 countries. Its mission is to improve the quality of life for Canadians, their families and future generations by studying, measuring and broadly communicating the effects of government policies, entrepreneurship and choice on their well-being. To protect the Institute's independence, it does not accept grants from governments or contracts for research. Visit

Contact Information:

Media Contacts:
Philip Cross
(613) 809-1544

For further information, contact:
Aanand Radia
Media Relations Specialist, Fraser Institute
416-363-6575 ext: 238