Vancouver Housing Crisis
Vancouver Housing Crisis
1 min readMay 25, 2016

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You think I won’t raise interest rates?

Downturns happen. Everyone knows it. And while there were happy signs earlier this year, now, as Bank of Canada governor Stephen Poloz prepares his latest release on interest rates tomorrow, there are growing indications that Canada’s Dr. Jekyll economy is showing a little Mr. Hyde.

Here are some symptoms we should watch for.

1. U.S. rate rise
2. Housing crater?
3. Oil and fires
4. Failed industrial recovery
5. Banking retrenchment

Read More: Getting a new reading on Canada’s Jekyll-and-Hyde economy: Don Pittis

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