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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