Financial institution watchdog says the banks should stress test for 40-50% drop in housing prices. Some of Canada’s banks must stress test their ability to withstand a 50 per cent drop in housing prices in Metro Vancouver area and a …
By Tiffany Greene, with contributions from Evan Shao and Stephen Punwasi Shots fired! While our media has been pointing out how Chinese buyers are driving up real estate prices, the Chinese media has been dissecting our economy and government, and …