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TORONTO,
Aug 15 (Reuters) - Canadian housing starts will fall
this year and through 2008 due to rising house prices
and modest increases in mortgage rates, Canada Mortgage
and Housing Corp. said on Wednesday. |
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Aug. 10 (Bloomberg)
-- The Bank of Canada may not raise interest rates next
month as the U.S. subprime mortgage crisis diminishes
global growth prospects, according to David Prothro,
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Toronto-based
Reliant Financial Service Corp., a provider of subprime
residential mortgage loans, says troubles in the U.S.
subprime market are causing the Canadian lender to
reduce the number of loans currently accepted into its
portfolio. |
