Tuesday, April 24, 2018

Canadian
Housing & Debt
 Bubble!
Image result for canadian debt to income ratio 2017 chart pictures
Canadian as of Q3 2017 House Prices to Income is 142.6%!
U.S. Q3 2017 House Prices to Income is 120.5%! 

Poloz Says Canadian Inflation Spike Doesn't Violate 2% Target

Bank of Canada Governor Stephen Poloz said he’s not worried about inflation temporarily rising above the 2 percent target this year, and the acceleration by itself isn’t sufficient to warrant an interest rate increase. 
Speaking Saturday to reporters in Washington, Poloz said a tolerance for temporary movements is exactly why the central bank uses a 1 percent to 3 percent range for inflation and doesn’t mechanically raise interest rates when price growth surpasses the 2 percent point.
 Image result for canadian debt to income ratio 2017 chart pictures
2017 Canadian debt to Household Income 171% 
2017 U.S. Debt to Household Income 78.4% 

Canada’s debt-to-household-income ratio rises to 171 per cent, StatCan says

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