Canada’s Housing Crash Rivals US In 2008, But The Pain Is Hidden: BMO

Canada’s housing crash is close to rivalling the early 2000s crash in the US. In contrast, Canada seems relatively unscathed, despite being a smaller economy that’s more dependent on housing. BMO’s chief economist notes the country is better positioned to avoid a financial crisis, but its pain avoidance is partly an illusion—hidden by Canada’s aggressive […]
The post Canada’s Housing Crash Rivals US In 2008, But The Pain Is Hidden: BMO appeared first on Better Dwelling.
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