Household balance sheets and the outlook for consumption With Canadians working, but not as much as they would like, they have been borrowing. Real household credit expanded rapidly throughout the recession, in contrast to previous downturns, and has continued to grow through the recovery.
At present, transparent pricing has been achieved for the interdealer market, as quotations are available on a per security basis, and executions are at the best bid and offer. In the future, we hope to see efficient price discovery for the common investor in the public market phase, as price and trading data will be made available on a timely basis.