Policymakers should seize the moment to build a stronger long-term foundation for growth and stability
A new report finds that a combination of house price declines and a run-up in leverage explains the severity of contractions
The forecast for Canada has been lowered to 1.7% growth this year and 2% next year
Threats to growth include the financial market turmoil in Europe and rising household indebtedness
G20 leaders fail to agree on how to fund a more muscular International Monetary Fund
Canadian economy generally holding up well against a weak global backdrop: report
Falling home prices and debt-strapped homeowners have the potential to damage the domestic Canadian economy by curtailing spending
Canada will have the second-strongest growth rate in the G7
International community will question Canada’s commitments to financial stability, Hockin says
But there is still a potential for a housing correction