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Stock impact report

Rising Canadian home prices make new regulations more likely [Reuters]

Sun Life Financial Inc. (SLF) 
Last sun life financial inc. earnings: 2/12 05:01 pm Check Earnings Report
Company Research Source: Reuters
File Photo: A real estate for sale sign is pictured in front of a home in Vancouver, British Columbia, Canada, September 22, 2016. REUTERS/Ben Nelms/File Photo OTTAWA/BENGALURU Low borrowing costs and hot demand in key urban centers will keep pushing Canadian house prices higher this year, a Reuters poll showed, pressuring policymakers to take further steps to rein in a market that more experts are calling a bubble. Most economists polled said there was a risk of a sharp correction in Toronto and Vancouver, two of the country's most expensive markets, though they were divided on the likelihood that Canada as a whole would see a painful pullback. While Canada avoided the worst of the housing crash that hit the United States a decade ago, prices have risen nearly in a straight line since, nearly doubling, raising worries consumers have taken on too Show less Read more
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