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8 August 2016
Is Housing Canada’s Last Economic Lifeline?
Canada’s economy is growing at its slowest rate in 60 years, with only housing preventing things from getting worse.
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23 July 2013
Canadian Household Debt Levels Still not Near Those of U.S. Peak
Ever since our household debt to income ratio climbed above 150 per cent, people have been worried about this country. Not just by the amount of debt we’ve taken on, but seemingly even more so by the fact that this debt is dangerously close to where those debt levels were in the U.S. in 2007…
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15 December 2010
A Warning Shot Fired over Household Debt and Mortgage Affordability
Bank of Canada Governor, Mark Carney, warns that low interest levels will not be a permanent feature of the economic landscape, and Canadians will need to address record levels of household debt.
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