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Bank of Canada’s Worst Case Scenario Is Here, Except For A 40% Drop In House Prices

Canada’s central bank flooded real estate markets with cheap cash when the pandemic hit, and we may know why. Hilliard MacBeth, a prominent Canadian wealth manager, released a research note for clients last week. In his post, he dissects a Bank of Canada (BoC) staff research note from 2019, testing the resilience of the banking […]

The post Bank of Canada’s Worst Case Scenario Is Here, Except For A 40% Drop In House Prices appeared first on Better Dwelling.

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