Canada’s ‘Mortgage Wall’ Worries Are Easing as Rate Outlook Shifts
Also: why RBC’s CEO says the country is on the wrong path
A home for sale in North Vancouver, British Columbia. Now that rates are falling, there’s renewed debate over how bad the mortgage ‘payment shock’ will be for Canadian homeowners.
Photographer: Taehoon Kim/BloombergWelcome to Bay Street Edition, our new weekly newsletter devoted to what’s happening in Canadian finance, covering strategy, deals, people moves and a dash of economics.
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