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Boale, Wood and Company

Boale, Wood and Company

Licensed Insolvency Trustee

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More Warnings about Canada’s Borrowing Binge

September 22, 2017 by admin

Another report is drawing attention what it calls “mortage meltdown math” and questions the ability of Canada’s government to remedy a financial crisis.  The report is by Brendan LaCerda of Moody’s Analytics.  As the Vancouver Sun puts it:

Moody’s Analytics paints an ugly picture of what could happen to the Canadian economy if everything goes wrong in the housing market

Read the Vancouver Sun story here.

Articles,  Blog,  debt,  front

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