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Tuesday, December 08, 2015

House prices could fall 26% if oil hits $35 and stays for 5 years: CMHC

Oil prices are down 50 per cent from a year ago, forcing Canadian oil firms to trim investment and jobs and hurt the economies of oil-producing regions. Most analysts forecast oil will rise in 2016, but some say it could fall further.
http://www.cbc.ca/news/business/cmhc-low-oil-1.3345304


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