Canadian Housing & Mortgage Investment Corporations – Time To Worry?

Canadian Housing & Mortgage Investment Corporations – Part I by James Price, Shane Obata and Richardson GMP The Canadian housing market has done extremely well for a very long time. As such, many people expect the trend to continue. That said, there are major vulnerabilities in the Canadian economy that pose a threat to the housing market’s continued success. In the following report we will examine the economy, the financial position of households, the housing market and the risks facing it. Lastly, we will analyze the mortgage market and Mortgage Investment Corporations (MICs). We are not convinced that the housing…