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Rate Predictions in Canada

Location
Vancouver, Toronto, Calgary
Publish Date
2022/09/16

Experts see the 5-yr bond yield averaging 2.45% in 2022 and 2.3% in 2023 This can cause close to $19B of additional debt payments in 2022. Out of the total household debt of $2.7T, around $650B or 24%, face an actual increase in interest payment in 2022.

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Canada, Ottawa, Vancouver Island, Edmonton, Kelowna, Quebec