Bank of Canada studies household finances and financial stability

bankofcanada

The Bank of Canada today released its review for winter 2011–12, focusing on increasing household indebtedness and rising real house prices in the country.

The review examines recent research into the two interrelated facts, finding that rising house prices could lead to the accumulation of debt, and abrupt movements in either factor can influence the financial health of households.

Click here to read the review.

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