Canada remains at the top of the world’s credit-rating heap thanks to its fast-approaching balanced budget and a stable banking system, but the country’s high household debts and climbing house prices pose “a potential risk” to those strengths, Moody’s Investors Service said.
http://www.theglobeandmail.com/report-on-business/moodys-warns-on-housing-consumer-debt-but-canada-retains-top-rating/article21162487/
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