Canada Economy to `Gradually Grind Higher'
March 21 (Bloomberg) -- David Tulk, chief Canada macro strategist at TD Securities, talks about Canada's budget presented today and the outlook for the nation's economy. Tulk speaks with Bloomberg's Chris Fournier in Ottawa. (Source: Bloomberg)
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Canada Banks See Mortgage Slowdown as Nation Taps Brakes
54:36 - With four of Canada’s biggest banks reporting second-quarter results, the trend shows decelerating growth in home loan portfolios and, in some cases, shrinkage. It’s a welcome sign for officials struggling to curb house prices in two of the nation’s largest cities. The easing follows federal government moves in October to tighten mortgage insurance rules and other measures while opening the door to shift risks of defaulting mortgages to banks. Bloomberg's Doug Alexander reports. (Source: Bloomberg)