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Recession fears put Canadians' homebuying plans on hold, says BMO survey

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Summary
Nutrition label

65% Informative

Nearly three-quarters of people considering buying a home have adopted a “wait-and-see approach,” up from 60 per cent in March .

Deloitte Canada’s economic outlook released last week called for a recession to start in the second quarter of this year , with growth contracting by 1.1 per cent .