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Friday, March 10th, 2017

Canadians getting the message on debt load, Carney says

JEREMY TOROBIN OTTAWA— From Wednesday’s Globe and Mail Canadian house prices are now almost five times higher than incomes, the latest illustration of why policy makers are worried about parts of the housing market. The average price is roughly 4.75 times the average income, Bank of Canada Governor Mark Carney said Tuesday, noting that the historical […]

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