The Daily Chase: Canadians take on more debt; Tamarack to buy Deltastream for $1.43B

​The U.S. dollar is extending its slide from record highs against a basket of global currencies, and the ripple effect is being seen across markets.

CANADIANS SLIDING DEEPER INTO DEBT

Fresh data from Statistics Canada show the closely watched credit market debt to disposable income ratio rose to a seasonally adjusted 181.66 in the second quarter from 179.71 in the prior quarter. That means households, on average, owed almost $1.82 for every dollar of disposable income. The near-record borrowing activity included $48.7 billion in mortgages during the quarter, according to StatsCan. As for the overall picture, StatsCan said $990 billion in household net worth evaporated in the latest quarter as housing, equity, and bond markets soured.