Strong growth in debt and house prices since 2020 increases downside risk to GDP growth in 2023 https://www.bankofcanada.ca/?p=226998 From increases in house prices observed/expected over the period from 2020Q1 to 2022Q1 From increases in household debt observed/expected over the period from 2020Q1 to 2022Q1 From both factors -0.160.09-0.07 0.120.100.22 0.110.110.23 0.160.160.33 -0.40-0.01-0.41 -0.48-0.16-0.64 -0.52-0.37-0.89 -0.64-0.45-1.09