In this report, we analyze Canada's economic health, its long-term fiscal challenges and examine whether the nation is experiencing a real estate bubble. In this part of the discussion, we dissect the inner workings of the Canadian real estate finance sector, pointing to striking differences and similarities with the U.S. Finally, we discuss the risks of an economic slowdown that could pose as a challenge for Canada, independent of shocks to the euro zone, as well as from a slowdown in the commodities sector.
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