Bank of Canada warns house prices are overvalued by up to 30 per cent


Bank of Canada warns house prices are overvalued by up to 30 per cent

OTTAWA – The Bank of Canada estimates that house prices in the country are overvalued by as much as 30% in a report released Wednesday that warned household debt remains the biggest risk to Canada’s economy. The Bank of Canada released its Financial System Review Wednesday, a bi-annual look at the major risks threatening Canada’s financial…

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Maverick Capital Slides 22.9% In Q1, Short Bets Yield Positive Returns [Exclusive]

investor 1652197064Maverick Capital's flagship hedge fund lost -22.9% in the first quarter of 2022 according to a copy of the firm's quarterly update, which ValueWalk has been able to review. The firm's flagship fund, Maverick Fundamental Hedge, accounts for $3.7 billion of the group's $8.1 billion of assets under management. Even after losses in the first Read More

The Financial Post delivers all the news and analysis you need to operate in today's competitive business environment. The Post's team of reporters cut through the noise and deliver the facts you need to make the right decisions - fast. If you're looking for incisive business commentary, you'll find it here. The Financial Post boasts Canada's most respected business voices including Terence Corcoran, Diane Francis, Barry Critchley and Theresa Tedesco.
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