MRB in The Globe and Mail (Op-ed) – September 13, 2023
Phillip Colmar is managing partner and global strategist at MRB Partners.
Canada is facing a massive housing bubble after more than two decades of cheap money and lax lending standards. And with a widespread affordability crisis, the country is now atan escalating risk of a housing bust. Many Canadians maintain hope for a soft landing, but higher mortgage rates and softening employment conditions are a lethal combination.