Canada may need tougher rules to slow overvalued housing market, IMF warns

Canada may need tougher rules to slow gains in the housing market, the International Monetary Fund said. Millennials lured by lengthy stretch of low rates spur Canada’s condo boom at their peril Experts warn of danger ahead when these young people, who have no experience in interest rate shocks, face a spike in mortgage payments. […]

Canadian economy still near the top of G7

Canadian economy still near the top of G7 OTTAWA – Canada will continue to outperform most economically advanced countries over the next two years, even as the pace slows and risks mount, the IMF says. The International Monetary Fund’s latest forecast presents Canada as a relative sea of tranquility amid rising global turbulence from European […]