Tag: bank for international settlements
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Canada’s Housing Market Has Now Seen Its Largest Price Correction In History
Canada’s housing market has experienced one of the most dramatic booms in history, and according to new data, it’s now experiencing its largest correction on record. New figures from the Bank for International Settlements (BIS) show national home prices have fallen significantly since peaking in early 2022. Once inflation is factored in, prices have dropped…
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Canadian Government Debt Is Getting So Massive It’s Distorting Credit Markets, BIS Says
Government debt levels have grown so large that they are beginning to distort how credit markets function, according to new research from the Bank for International Settlements (BIS). In its latest quarterly review, the BIS warns that sovereign debt issuance has reached a scale that is eroding the traditional role of government bonds as the…
Canada Housing Market 