In a speech on Tuesday in Yellowknife, Governor Poloz said Canadian debt levels have been growing for three decades in both absolute terms and when compared to the size of the economy — and about $1.5 trillion of it consists of mortgage debt. The central bank has concerns about the ability of …
The post Bank of <b>Canada</b> Sounds Alarm On Household Debt Levels That Now Stand At $2 Trillion appeared first on Consumer-Mortgage.
source http://consumer-mortgage.com/bank-of-canada-sounds-alarm-on-household-debt-levels-that-now-stand-at-2-trillion/
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