Who Eats the Loss? Canada Finally Gets Price Discovery

Canada finally agrees housing is broken, but nobody wants to admit what fixing it costs. RBC says buyers stopped waiting for perfect. Teranet shows 36% of 2022 Ontario buyers reselling at a loss. OSFI loosened bank buffers, population fell a third straight quarter, and B.C. is fighting over a condo bailout. One question ties it together: who takes the loss?

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