This decline has had  4  The Bank of Canada puts a good deal of effort into monitoring and assessing the state of the Canadian housing market, as well as analyzing the impact of changes in activity and pricing on credit markets, the real economy, and the financial system.
It will be characterized by accelerated dynamism in form of adoption of new technologies and service models that offer advantages but also pose new risks. It is a period in which FinTech can be applied to spur efficiency gains in the financial sector, offer more specialized, better and more targeted products and services, and deepen financial inclusion.