As household debt rises and home prices in some markets continue to be out of reach for many average Canadians, the temptation is to compare the situation to the 2008-09 U.S. housing market bubble and subsequent crash. However, underlying trends point to a Canadian housing market that is different and likely more resilient than it might first appear, according to new research conducted by Chartered Professional Accountants of Canada (CPA Canada).

The first Reciprocal Membership Agreement (RMA) between Chartered Professional Accountants of Canada (CPA Canada) and the Institute of Chartered Accountants in England and Wales (ICAEW) came into effect on November 1.

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