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Today: 17.01.2018 - 14:50:37
   Canada Mortgage Hub Discussion Board -> Mortgage Ottawa -> Bank of Canada concerned about government, household debt, Is this a joke of the day?
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oshea7

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Bank of Canada concerned about government, household debt, Is this a joke of the day?
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Canada interest rates
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pibex

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The household debt is Canada is high but our economy is in better shape than US or EU countries. Our banks are solid and real estate prices are rising. We do not have high unemployment, bankruptcies, foreclosures, bank failures or TARP as in US. The lower interest rates are giving the consumers incentive to get loans to buy property and consumer goods.
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