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Home > Front Burner > 'Too big to fail': COVID-19 and Canadian real estate
Podcast: Front Burner
Episode:

'Too big to fail': COVID-19 and Canadian real estate
Category: News & Politics
Duration: 00:22:49
Publish Date: 2020-05-05 04:10:00
Description: Could the "wealth-conjuring machine" that is Canadian real estate grind to a halt after the COVID-19 crisis exposed its worst weaknesses? That's the concern many who watch a sector that makes up a bigger part of the Canadian economy than oil and gas. Today on Front Burner, Bloomberg News' Vancouver bureau chief Natalie Obiko Pearson returns to explain how real estate became such a significant part of the Canadian economy, how Canadians went deeply into debt, and why now, the housing market in Canada could be "too big to fail."
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