population growth: The report looks at factors including residential investment, employment, economic and population growth, and exports, according to The Toronto Star. Jen St. According to Central 1 Credit Union's latest economic analysis, B.C.'s growth will contract from 3.5 per cent annually over the past four years to 2.9 per cent this year and 2.7 per cent in 2019 to 2020, and it will slip to 2.3 per cent in 2021. Denis / Star Metro The report looks at factors including residential investment, employment, economic and population growth, and exports. The new mortgage rules mean that even buyers who have a 20 per cent down payment must also meet an additional test to ensure they can afford their mortgage if interest rates rise. Bryan Yu, author and deputy chief economist at Central 1, said the new mortgage rules and B.C.'s foreign-buyer tax will lead to slower residential investment in 2019 and will dampen overall growth.
(news.financializer.com). As
reported in the news.
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