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But the risk is easing, data shows.
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A new warning says Canadians couldn't handle substantial interest rate hikes, just as rates are hiked.
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We led the world in house price growth in Q1, but the party may be over.
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Consumer-driven economic growth is unsustainable, BIS warns.
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"Credit growth continues to be unusually high relative to GDP."
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One major sign the global economy has gone full-on insane.
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"We may not be seeing isolated bolts from the blue, but the signs of a gathering storm that has been building for a long time."
When it comes to risky banking, Canada and the U.S. may be trading places. The Bank for International Settlements (BIS) has identified Canada as one of a handful of countries whose economies are flash...