The president of the Credit Counselling Society of B-C says it’s time British Columbians — and all Canadians — start paying down their debt. Scott Hannah says for every dollar of disposable income, Canadians carry one-dollar-and-67 cents in debt. He says current low interest rates have encouraged people to take on large mortgages and other debt, and some are even using lines of credit to finance daily expenses — which he says could spell disaster if interest rates climb. Hannah’s comments follow reports from credit company Equifax that total consumer debt in Canada, including mortgages, jumped by six per cent in the fourth quarter compared with one year ago — and the U-S Federal Reserve says it will gradually raise interest rates this year.