Stats Canada warns that Canada's economic growth is at risk due to housing and household debt, as well as on declining productivity and trade uncertainty coming from the Trump administration. “As the fiscal stimulus fades and the US economy returns to trend, low labour productivity growth and population aging will limit potential growth to about 1.8%, lower than the historical average of 2.6%,” says the IMF. It warns of significant risks if the housing sector has a sharp correction as it could "impair bank balance sheets, trigger negative feedback loops in the economy and lead to contingent claims on the government."
The International Monetary Fund warns that Canada's economic growth is at risk due to housing and household debt, as well as on declining productivity and trade uncertainty coming from the Trump administration. “As the fiscal stimulus fades and the US economy returns to trend, low labour productivity growth and population aging will limit potential growth to about 1.8%, lower than the historical average of 2.6%,” says the IMF. It warns of significant risks if the housing sector has a sharp correction as it could "impair bank balance sheets, trigger negative feedback loops in the economy and lead to contingent claims on the government."