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Tag: ToTEM

Canada

Bank of Canada Is Quietly Updating Forecast Models To Include Debt and Real Estate

June 30, 2021

Remember that time the head of Canada’s central bank said the housing bubble was good for the economy? Soak it up, because that may be the last time it ever happens. The Bank of Canada (BoC) finished its technical report on the Terms-of-Trade Economic Model (ToTEM). The model, which is used by the BoC as […]

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