Despite facing headwinds, several factors could help Canada avoid a recession.
All in Risk
Despite facing headwinds, several factors could help Canada avoid a recession.
The government has proposed changes to mortgage rules that could create moral hazard. This means that borrowers may be more likely to take on more debt, knowing that they will be able to get out of their payments if they run into trouble. This would be an injustice to financially prudent Canadians who rent or did not overextend themselves.
The Rising Cost of Borrowing: What You Need to Know About Interest Rates in 2023 and 2024
Discover how inflation gradually erodes the value of debt principal, impacting borrowers and lenders. Learn why the purchasing power of money decreases over time and how inflation affects the repayment dynamics.
A home inspection is a great way to learn about the condition of a property and identify any potential problems. In Ontario, Canada, home inspectors typically look at the following 20 things.
How the wave of retirements expected over the next three years will impact housing.
A recession is likely and Canada is too indebted to splash on government bailouts this time.
With so many market headwinds, the risk that this is a pause in the correction is higher.