Carny Warns About Consumer Debt

<br><br> Mark Carney is issuing his starkest warning yet about the troubling levels of debt that households have piled up amid near-record-low borrowing costs. Many Canadians are increasingly vulnerable to shocks such as higher interest rates and job losses, in turn putting the wider financial system and economy at greater risk, the Bank of Canada Governor and his rate-setting panel say in a semi-annual report. <br><br>