BOC :Consumer debt and housing remain top concerns for financial stability

Financial System revue

• Borrowers will adjusted over time to higher rates
• Overall Risks Remain Elevated, But Preliminary Signs Of Improvement Are Emerging
• Better Economic Conditions, New Policy Measures Support Prospects For More Progress On System Risk
• Income Growth, New Mortgage Policies, Higher Mortgage Rates Expected To Mitigate System Vulnerability Over Time
•  Pace And Degree Of Developments Around Household Indebtedness Are Uncertain
• Mortgage Rules, Higher Rates Expected To Weigh On Housing Activity, Especially In Areas With Market Imbalances
• Recent Improvement In Lending Quality Of New High-Ratio Mortgages Has Shifted Focus Of Concern To Low-Ratio
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K-man

Fundamentalist market maker, turned all round market taker.
Philosophy: “Cycling is good for your health, overtrading is bad”

Read how Koen got into trading here

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