3  4  The discussion in this section is based on the Bank of Canada’s April 2012 Monetary Policy Report. BIS central bankers’ speeches  In addition, growth is expected to continue in the period ahead – at 2.4 per cent in 2012 and 2013, easing to 2.2 per cent in 2014.
Those who entered the housing market recently and bought at the top of the market are at risk of becoming technically insolvent. It's our assessment that relatively few homeowners will end up with debt that exceeds the value of their home. This will obviously depend on the development in the housing market in the coming years.