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Canada fears contagion after mortgage lender buckles

Toronto prices soared about 30 per cent in March from a year earlier, with price gains spreading to other Ontario cities including Windsor and Niagara Falls.


AS Home Capital Group Inc spiralled downward last week, a group of Canadian real estate brokers relaxing in Mexico brooded over whether the mortgage lender's woes would seep into the housing market and trigger the kind of crisis the country averted in 2008.

"Home Capital...

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