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This Week in Numbers - May 10, 2019

 

THIS WEEK IN NUMBERS - MAY 5 TO 10, 2019

5 billion - An estimated $5 billion of dirty money was laundered last year through real estate in British Columbia - home to Canada's most expensive housing market, Vancouver - according to Finance Minister Carole James. Money laundering is believed to be responsible for about a 5% increase in provincial housing prices.

174 - Canadian household debt rises to a record high of 174% of disposable income in the fourth quarter. Household interest paid also hit a record level, despite the low interest rate environment.

25 - On Friday, May 10, President Trump increased tariffs on $200 billion of goods imported from China from 10% to 25%.

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