The Bank of Canada is more worried than it was last year about household debt loads, and is concerned about the abilities for households to stay on top of them in the coming years once mortgages renew at higher rates.That's one of the main takeaways of the bank's Financial System Review, an annual assessment of various risks the bank deems to be of concern to the stability of Canada's financial system.
#years #climate-change #highest-level #housing-market #coming-years #credit-cards #central-bank #financial-markets
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