Typical mortgage payment could be 30% higher in 5 years, Bank of Canada warns - CBC News

Inflated house prices and high household debt levels are a major vulnerability to Canada's economy, the Bank of Canada warned in a report assessing the strength of the country's financial system on Thursday.

High house prices and debt loads associated with them are a major vulnerability to Canada's economy, the Bank of Canada said Thursday, warning buyers who bought during the pandemic that the impact of… [+4896 chars]

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