BoC's Poloz: "Moderate" risk of housing correction means more than low

During a Q&A session, BoC's Governor Stephen Poloz has stated that Canadian's economy has shown more signs of strength in recent months. "We still have questions around sustainability and risks we face", he said".

More headlines (via Reuters):

• Economy has shown more signs of strength in recent months, we still have questions around sustainability and risks we face
• It does appear actions we took in 2015 have facilitated economy's adjustment to oil price shock
• Alt-lending sector serves lots of people who are self-employed or just moved to Canada
• They have very low default rates, it's a business that works