IMF warns about housing and household debt, urges more action by government
Further tightening of macroprudential and tax-based measures to mitigate speculative and investment activity should be considered.
Household debt vulnerability highest among young Canadians, central bank says
Report says the number of households with debt bigger than 350% of their gross income has doubled to 8% since 2008.
Slashed interest rates are saving economy long term: Poloz
Central bank governor admits lower rates put risks on household debt levels, but set the overall economy to recover more quickly.
Canadians comfortable with debt, CIBC poll reveals
Most can manage their debt, with only a third saying they have reached their limit.
Higher TFSA limit prompts Canadians to save more
Others say they don’t have the savings to take advantage of the higher limit, according to CIBC poll.
BoC keeps 1% rate as cheap oil, debt risks offset healing economy
Increase in exports thanks to an improved US economy has boosted business investment and job creation.