Canada’s ballooning mortgage debts could put a dangerous dent in entrepreneurship
Canada is a world leader in real estate price inflation. Since 2000, Canada’s housing prices increased in real terms by 168 per cent, compared with price growth of 55 per cent in the United States. Canada’s national housing agency predicts that home prices could surge by a further 14 per cent over the next year.
Original Article Source Credits: The Globe and Mail , https://www.theglobeandmail.com/
Article Written By: SCOTT STIRRETT
Original Article Posted on: MAY 30, 2021