Canadians borrowing less: who do you believe

With articles being published suggesting the “Great Canadian Borrowing Binge is Winding Down” and another “Average consumer debt in Canada rises past $26,700”, who do you believe? Before you take sides, consider this article “Canadian banks ring up hefty profits as consumer lending boom continues”, are you confused yet? The Bank of Canada as well as Mr. Flaherty like to talk about consumer debt from a general sense but neither has taken the time to distinguish between mortgage debt and other sundry debt i.e. credit card, vehicle financing, etc… I get it, increasing mortgage debt could leave the tax payors on the hook should the…