Canadian Mortgage Growth Slowing: Good For Households, Bad For Banks

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  • Canadian Mortgage Growth Slowing: Good For Households, Bad For Banks
    Canadian Mortgage Growth Slowing: Good For Households, Bad For Banks

    Summary According to the Bank of Canada, Canadian residential mortgage growth rose 3.1% year over year in December to $1.55 trillion, the slowest pace since May 2001 and half the growth rate of two years ago. Canadian households need time to heal their fragile finances, and piling on debt […]

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