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GTA, Ontario, Canada
A New Sales Record Has Been Achieved By The Jackie Goodlet Team Who Work Out Of The Whitby Office And Specializes In High End Resale And New Home Sales. According To Broker Dave Pearce The Jackie Goodlet Team Wrote More Transactions Than Anyone Else In The 30 Year History Of Our Firm. Their 255 Transactions Had A Total Volume Of More Than $185,000,000 (185 Million). With Over 25 Years Experience In The Business The Jackie Goodlet Team Has Acquired A Wealth Of Knowledge In All Areas Of Real Estate Including Resale, New Builds, Cottages, Lease, Condos, Vacant Land, Investment And Commercial Properties. With Exceptional Negotiating Skills We Are Confident We Can Save You Time And Money On All Your Real Estate Endeavours. We Look Forward To Hearing From You And Your Referrals Are Always Welcome And Rewarded!

Tuesday, March 7, 2017

International banking body warning over Canadian debt, housing

Rising property prices and the potential for higher interest rates are among risks to Canada’s financial sector according to an international body of central banks.

The Bank for International Settlements warns that Canada’s elevated level of credit-to-GDP, which at 17.4 per cent is well above the organization’s “closely watch” threshold of 10 per cent; puts the economy in danger of a financial crisis.

Although its quarterly report says that the level of debt is manageable currently, it warns that a rise in interest rates at 250 basis points (2.5 per cent) could cause a crisis.

MBN

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