Whether you're a homebuyer or a homeowner, there's something for you to be unhappy about in this forecast.
Premier Doug Ford is cutting tuitions and making student aid less generous.
The country is seeing longer car loans and more uninsured mortgages.
The experts promised us a “barnburner” of a first quarter for Canada’s economy, and the economy delivered. Canada’s GDP grew
A collapse could damage Canada's mortgage market.
"Continued growth in Canadian consumer debt and elevated housing prices leaves consumers, and Canadian banks, more vulnerable to downside risks."
When Moody's talks real estate, take it with a grain of salt.
But it wouldn't exactly be a repeat of the U.S.'s housing bubble.
Ratings agency Moody's and magazine The Economist are sounding the alarm about rising consumer debt loads in Canada and some
The results do not bode well for Ontario. Provincial debt amounts to 237.7 per cent of revenue -- the highest ratio amongst the provinces. In other words, the total debt accumulated by the Ontario government represents almost two and a half years of revenues. Ontario's ratio is much higher than Quebec, the second most indebted province (189.5 per cent) on this metric.