As you all know, asset values have been over-inflated because of zero (or negative) real interest rates. And, $14T worth of quantitative easing.
Is it time for Canada to raise interest rates. Property and construction are at a high level of activity. Finally, manufacturing is back to normal levels. Only natural resources are under performing. But, that's a relatively small part of the economy.
"Canada Finally Adds Wage Gains to Stellar Jobs Performance"
https://www.bloomberg.com/news/articles ... -takeaways