STILL FACING CANADA FINANCIAL ‘VULNERABILITIES’

By Gordon Isfeld OTTAWA (MaceNews) – Canada’s financial system continues to face “vulnerabilities” related to household debt and “imbalances” in the country’s residential markets, even as regulators continue to tighten guidelines in mortgage lending. “New measures have curbed borrowing, reduced speculative behaviour in housing markets and made the financial system more resilient,” the Bank of Canada […]