Russian Roulette–Margin Debt

According to IIROC, The Canadian Self Regulatory Organisation that overseas a great many of the retail financial advisors/salespeople, margin debt is closing in on all time highs in Canada.

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But of late, the increase in margin debt has been growing at a fast rate than the market has grown.  The following chart shows the increase/decrease in margin debt over and above the increase/decrease in the value of the market:

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Unfortunately non margin debt loans are not recorded by IIROC, but it would not be difficult to assume these loans have also been increasing significantly in value of late. 

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