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| 001 | 9.864702 |
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| 003 | CaOODSP |
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| 005 | 20250821075112 |
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| 007 | cr ||||||||||| |
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| 008 | 181114s2018 onc #o f|0| 0 eng |
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| 040 | |aCaOODSP|beng |
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| 041 | |aeng|bfre |
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| 043 | |an-cn--- |
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| 086 | 1 |aFB3-7/2018-36E-PDF |
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| 245 | 00|aModelling the macrofinancial effects of a house price correction in Canada |h[electronic resource] / |cby Thibaut Duprey ... [et al.]. |
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| 260 | |aOttawa : |bBank of Canada, |c2018. |
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| 300 | |aii, 10 p. : |bfigures. |
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| 490 | 1 |aStaff analytical note = Note analytique du personnel, |x2369-9639 ; |v2018-36 |
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| 500 | |aCover title. |
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| 504 | |aIncludes bibliographic references. |
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| 520 | |a"We use a suite of risk-assessment models to examine the possible impact of a hypothetical house price correction, centred in the Toronto and Vancouver areas. We also assume financial stress significantly amplifies the macroeconomic impact of the house price decline. The rates of arrears rise for households and businesses, which puts some pressure on banks. But the large banks remain resilient through the risk scenario, supported by their international diversification and their ability to replenish capital with retained earnings. As with any simulation exercise, the results are subject to significant uncertainty and depend on the specifics of the scenario being considered"--Abstract. |
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| 546 | |aIncludes abstract in French. |
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| 692 | 07|2gccst|aReal estate industry |
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| 692 | 07|2gccst|aPrices |
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| 700 | 1 |aDuprey, Thibaut. |
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| 710 | 2 |aBank of Canada. |
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| 830 | #0|aStaff analytical note (Bank of Canada)|x2369-9639 ;|v2018-36.|w(CaOODSP)9.807323 |
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| 856 | 40|qPDF|s431 KB|uhttps://publications.gc.ca/collections/collection_2018/banque-bank-canada/FB3-7-2018-36-eng.pdf |
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