Dave McKay - Royal Bank of Canada

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Last quote by Dave McKay

I think it is an anomaly in the sense that there wasn't a credit reason to drive the liquidity challenges that Home Capital faced, but more a lack of confidence. I do not believe that is a systemic risk to the overall mortgage market.feedback
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May 25 2017
We can learn a lot about a person if we know what types of things he or she talks about or comments on the most frequently. There are numerous topics with which Dave McKay is associated, including Silicon Valley, United States, and growth. Most recently, Dave McKay has been quoted saying: “Any single solution is unlikely to be successful on its own. A complex problem like this requires a multi-faceted solution, which addresses supply constraints and speculative forces and is mindful of the rate environment, which can be a moderating force. We would welcome any effort by the three levels of government to coordinate their interventions, and to do so reasonably quickly. All of these factors are mixing to push prices up to unsustainable levels, stressing household balance sheets and locking many people out of the housing market.” in the article Overheated housing markets may hamper Canada's growth -RBC.
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