Globe and Mail/Reuters: Canada's deflating housing bubble stymies wealth effect of booming stock market

"Households tend to treat equity portfolios as ephemeral paper wealth, while the family home, by contrast, anchors financial plans and, crucially, underpins the credit cycle," said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

Globe and Mail/Reuters: Canada's deflating housing bubble stymies wealth effect of booming stock market Canada’s deflating housing bubble stymies wealth effect of booming stock market - The Globe and Mail