Changing interest rates, new Canadian mortgage rules, and higher household debt leaving much of the market uncertain. (geowarehouseblog.ca)
At a time when Canadians are grappling with historically high household debt levels — upwards of 163 per cent according to Statistics Canada — young adults are feeling insecure about their knowledge of the financial implications of homeownership. (rahb.ca)
BoC Governor Poloz's comments yesterday stated that the outlook for the domestic economy is good despite the overhang of high household debt supporting the Loonie. (community.xe.com)