2022 Mid Year Returns and New Housing Rules - Earnings Roundup
The Canadian Investor
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Canadian Banks Are Getting Worried About Higher Interest Rates
Low interest rates of people take on a lot of debt, and variable debt is some of the most dangerous one. Even credit cards, right like that'll be impacted by higher interest rates to it. It can be a problem when rates are going up too quickly, and then you have more defaults happening. So that's really the risk here for banks here.
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