A strong labour market, excess savings and pent-up demand will shield many households
Mortgage growth slows as housing markets cool
Owing CRA money will soon be more expensive
BIS has heightened concern about real estate, leveraged loan markets
After plunging during the pandemic, signs of financial distress are resurfacing
Report from the parliamentary budget officer also finds that Canada’s debt level is sustainable over the long term
Banks likely to build loan-loss provisions as economic uncertainty grows
Prudential measures may be relaxed once again if global slump deepens
Only one in five banks surveyed consider climate risk when granting loans
Clients who recently bought with variable rate mortgages could face significant monthly bill hikes