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How sensitive are CAD households to higher interest rates?

Mar 25, 2024FX Factor
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How sensitive are CAD households to higher interest rates?
FX Factor | EP28How sensitive are CAD households to higher interest rates?

The rise in insolvencies and mortgage delinquencies in Canada. CIBC Capital Markets’ Deputy Chief Economist, Benjamin Tal, joins Bipan Rai to discuss the risks to Canadian household consumer and mortgage credit, given the rate hikes from the Bank of Canada.

Contributors

Benjamin Tal

Economist

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