The December RBC Economics Research Report Housing Trends and Affordability says that "despite cooling home resale activity overall, housing
More warnings about exposure in event of housing correction
Yet another warning about the exposure lenders and borrowers face in the event of a drop in house prices in Canada. This time, the warning is from
Head of CMHC on household debt and down payments
Under the headline "Higher down payments could be on the horizon as danger of Canadians' debt grows, CMHC warns", The Financial Post has published an
Article warns household debt threatens financial stability
The Vancouver Sun has published another article about Canada's high household debt and the risks it causes. The article, by Maciej Onoszko of
Economist Says Millennials Financial Future Threatened by High House Prices
Scottish professor and economist Duncan McLennan is one member of an international panel coming to Vancouver to speak at the re:address
Canadian Household Debt Hits Record High
While national wealth has increased, Canadian households hold $1.68 in credit market debt for every dollar of disposable income. That's the latest
Canadians living pay cheque to pay cheque
Almost half of Canadians are living pay cheque to pay cheque, and residents of British Columbia are the most cash strapped in the country, according
Couples bring debt to relationships – but don’t talk about it
A new survey by CIBC indicates that "one in four (27%) married or common-law Canadians acknowledging that financial stress affects their
Canadian Housing Crash Could Cost Lenders 12 Billion
Moody's Investors Service has issued a report predicting that if there was a US style housing crash in Canada, lenders could weather the storm, but it