Sentences with phrase «rising household debt»

The move was a response to growing concerns about rising household debt levels, which are at record highs relative to income, and soaring home prices, particularly in Toronto and Vancouver.

In its decisions, the Board has been careful to balance the benefit of providing this support with the risks that can come from rising household debt.

Improving views on housing follow a recent acceleration in the real estate market in recent months that reflects a shift by policy makers at the Bank of Canada to dim expectations for rate increases as it plays down concerns over rising household debt...

So borrowing for investor housing is a large part of the story of rising household debt in Australia.

These rock - bottom rates has implications for Canada's rising household debt numbers.

Late last year, economists at CIBC said rising household debt was to be expected; Canadians «responded rationally to an era of very low interest rates.»

It was the clearest statement yet that the central bank's controversial decision to keep interest rates ultra-low won't be altered over worries about a housing bubble or rising household debt levels.

In the early part of that period, a central issue was balancing the need to support the economy in the final days of the transition to lower levels of mining investment against the risks stemming from rising household debt.

OTTAWA — The Bank of Canada is using a speech today to emphasize its concerns over rising household debt and its potential impact on the country's financial system.

RBC said it would be wise for the Ontario government to consider a policy response to cool the market, which could, as a result, slow the pace of rising household debt.

Specifically, the international organization is concerned about Australia's rising household debt.

BMO chief economist Doug Porter says he doesn't dispute the broader conclusion that a rising household debt - to - GDP level poses risks for growth.

«High and rising household debt - to - income levels leave both borrowers and lenders vulnerable to an economic downturn, despite strong consumer credit quality metrics to date,» reads the report.

These risks can be due to rapid credit and asset price growth, rising household debt and leverage, or excessive liquidity.