Bank of Canada Warns of Rising Risks From Household Debt, and a Hot Housing Market

Bank of Canada Governor Tiff Macklem takes part in a news conference at the Bank of Canada in Ottawa on Dec. 15, 2020. Sean Kilpatrick/The Canadian Press

OTTAWA—The Bank of Canada says its concerns are mounting that households are piling on too much debt and posing what the central bank says is a key vulnerability to the economy.