Western provinces have highest average mortgage debt

Western provinces have highest average mortgage debt

Western provinces have highest average mortgage debt Homeowners in BC and Alberta have the highest average mortgage debt according to StatsCan data. The most recently available figures, from 2012, show that BC households had an average of $241,800 in mortgage debt while Albertans are second on $205,200. Ontario’s figure was $173,000 while the lowest was New Brunswick at $83,000. Read the full story.