SUBSCRIBERS
Canada financial stability threatened by high property prices
Published Thu, Dec 11, 2014 · 09:50 PM
Ottawa
SOARING real estate prices and high consumer debt could threaten Canada's financial stability, the central bank warned on Wednesday.
The risk of "an adverse shock" to the system has lessened over the past six months due to ongoing global financial reforms including ensuring that banks are well-capitalised, the Bank of Canada said in a report.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Australian budget to target housing woes with more construction workers
UK construction growth hits 14-month high in April, PMI survey shows
KKR buys 14 hotels in Japan, converts them to midscale Sheraton properties
Abu Dhabi developer Aldar picks banks for 10-year green sukuk
UK house prices stagnate in April as higher mortgage costs bite
When buying a home is treated as a national security threat