Toronto, Vancouver most ‘vulnerable’ to interest rate hikes: CMHC

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Statcan Household Debt 20160614

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Canadians living in the country’s two largest cities may find themselves more “vulnerable” to interest rate increases as personal debt levels in Toronto and Vancouver continue to hit record levels, warns a Canada Mortgage Housing Corporation report.

https://www.cbc.ca/news/business/toronto-vancouver-interest-rate-debt-cmhc-1.4944262?cmp=rss