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EDITORIAL: Is household debt Canada's Achilles heel? | The ...
thechronicleherald.ca
High household debt levels represent financial vulnerability should interest rates climb or housing prices. Given continued slack in the labour force, Poloz is loath to move interest rates higher too quickly, though the Bank of Canada has signalled rates will continue rising. The rub, of course, is that today's ...
Household Debt and Fed Rates Are Front and Center for Poloz ...
www.bloomberg.com
Which is why they raised borrowing costs twice last year. The only remaining obstacles to further aggressive rate hikes may be high household debt loads and uncertainty about the future of the North American Free Trade Agreement -- only one of which Governor Stephen Poloz has any influence over.
BIS: Household debt threatens financial stability
www.yourinvestmentpropertymag.com.au
High household debt, including mortgage debt, can make the economy more vulnerab ...
Canadians' debt burden keeps climbing, hits record in third quarter ...
www.theglobeandmail.com
The report will be a source of concern for the Bank of Canada, which considers the country's high household debt levels to be the biggest source of vulnerability for country's economic outlook and financial-system stability. After an encouraging flattening of the debt-to-income ratio a couple of years ago, the ...
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