Record piles of debt? Apparently we haven’t seen anything yet, as the Bank of Canada shares data showing this trend is accelerating.
Canadian Consumer Credit Accelerates The Fastest Since 2010
Canadian Inflation Grinds To A Halt, Hits 20 Month Low
The Canadian consumer price index, one of the key indicators of inflation, fell to a 20 month low in June.
Canada’s Inflation Hits A Low For 2017, Making An Increase In Interest Rates Tricky
Canada saw the consumer price index (CPI) slip, falling to a low for 2017. This could put a hiccup in rising interest rates anytime soon.
Bank of Canada Believes Housing Is Still Pretty Cheap…Seriously
Could have fooled us, but the Bank of Canada’s housing affordability index shows Canadian real estate is affordable.
Government of Canada Doesn’t Expect Interest Rates To Rise Until 2018
A new release from the Parliamentary Budget Officer of Canada doesn’t anticipate interest rates will rise until sometime next year.
Bank of Canada Flags Risks Associated With Traditional Mortgages
High-ratio borrowers have always been a concern, but the the Bank of Canada is now highlighting risks associated with traditional mortgages.
Everything Canadians Know About Inflation Is Wrong, Here’s Why
Feel like expenses are rising faster than frequently quoted statistics? Here’s how Canadians are being misinformed about inflation.
The Bank of Canada Is Full of S**t, Here’s How Interest Rates Impact Speculation
Here’s a look at interest rates, and how a 5% hike would impact Canadian real estate prices. Even though the BoC “thinks” they aren’t related.
Canadian Consumers Set A New Debt Record, Over $2 Trillion
Canadian real estate helped drive consumer debt levels so high, it would take the net worth of the 9 richest people in HISTORY to pay it off.
Canadians Racked Up Twice The Mortgage Debt of Americans
Canadian mortgage debt demolished previous records this year, having risen to $1.03 trillion at chartered banks alone.