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Friday, July 8th, 2022

Canada housing correction could trigger another recession, BMO report says – Consult with a Vancouver Mortgage Broker

OTTAWA — A sudden and sharp correction in the housing market could have a devastating impact on the Canadian economy overall, enough to trigger another recession, says a new Bank of Montreal report. Bank of Canada holds rate at 1%, cuts growth forecast for 2014 The Bank of Canada says it is keeping interest rates […]