Less diversified, riskier loan portfolios leave banks more vulnerable to downturn
Higher rates weigh on demand, lower lumber prices cut construction costs
Mortgage debt growth slowed in 2022, credit card debt accelerated
Strong demand, tight supply supporting prices even as rates rise, Fitch reports
Mortgage debt growth remains sluggish alongside weaker housing markets, StatsCan finds
Indebted consumers, slower economic growth, potential for recession are key factors in play
Consultation considers array of tools to address rising debt service risks
Provincial regulation increasingly tracks federal rules, but gaps remain
Lagging effects of higher rates to impact banks' bottom lines this year
Mortgage growth slowed but household credit card use is surging