CEO urges caution, Canadian debt spirals, Bank of Canada, Vancouver, Nova Scotia, More

Why one mortgage CEO is urging caution amid pandemic optimism

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15 March 2021

Top news Why one mortgage CEO is urging caution amid pandemic optimism The recovery will "not just be like flicking a switch," according to the industry expert Canadian households add record mortgage debt in Q4: StatCan Low interest rates and high housing prices take their toll Bank of Canada slashed key rate one year ago – this is how it happened COVID-19 was set to be much more than a health concern… Second-half robustness boosts Vancouver's home sales The market continues to benefit from low interest rates and sustained demand, especially in the single-family segment Laurentian CEO on what diversity initiatives should focus on Canadian banks are ahead of US financial institutions in this area Is Nova Scotia shaping up to be the ideal remote-working destination? A green co-housing community in Bridgewater, NS has recently seen a surge of inquiries from Ontarians International News Fannie Mae chief economist shares predictions ahead of Fed meeting Doug Duncan offers insights into what Powell may say after weeks of rising rates Restrictions on loans 'more likely than not' – ANZ chief As house prices continue to rise, banks could be forced to cut back on higher-risk lending, exec says Do the banks really intend to cool the housing market? "Banks with too much demand just can't process everything coming their way"

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