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June 9, 2022, 2:00 PM
Financial stability risks have increased in Canada as the country faces higher interest rates, elevated inflation and growing geopolitical uncertainty, the nation’s central bank said.
In its annual Financial System Review released on Thursday, the
Canadians who purchased homes recently would be “more exposed” in the event of a significant price correction, according to the 57-page report. Many households stretched themselves financially to get …
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