BOC Financial System Review on 07.06.2018

  • Consumer debt and housing market imbalances are top vulnerabilities to financial system
  • Risks have eased but remain elevated
  • Risk of severe nationwide recession leading to rise in financial stress is elevated but decreasing
  • House price growth has slowed; speculative activity may be supporting growth in condo prices in Toronto and Vancouver
  • Here the link to the doc
  • And here’s the short version by BOC
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