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Mixed messages on debt


mikazo
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http://www.ottawacitizen.com/business/Mixed+message+debt/6280854/story.html

 

I've often wondered why interest rates are kept so low and yet Canadians are warned of over-using credit. Is the housing market being propped up? Is the CMHC one of the reasons Canadian banks do so well? I'm not an expert in this area and I'd be interested to hear thoughts from those who are.

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