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High household debt and elevated housing prices have become bigger vulnerabilities in the past year, but the economy can still handle the rising interest rates needed to tame inflation, Bank of Canada governor Tiff Macklem said Thursday.
Source: ctv business
BoC warns mortgage payments could be up to 45% higher for some borrowers by 2025
Direct Loan Canada is a Canadian-based company specializing in loan capacity analysis and personal loan endorsement. Our goal is to find personal loans for our clients, regardless of the status of their credit report, by guaranteeing a discreet and professional service. In addition, we deal exclusively with lending companies having the required permits and in compliance with the law. With Direct Loan Canada it's fast and easy!