Poloz warns of household vulnerabilities in Canada's financial sector
Financial Stability Review features enhanced framework to highlight vulnerabilities
Bank of Canada (BoC) governor Stephen Poloz yesterday launched the latest edition of the central bank's Financial Stability Review, featuring an enhanced framework to gauge evolving risks to financial stability.
Speaking at a press conference to launch the report, Poloz said the top two vulnerabilities highlighted in the report are related to the household sector. "The first is the imbalances in Canada's housing market", he said, where the BoC "still anticipate a soft landing", though a danger
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