Bank of Canada Official: Central Banks Can Offer Housing Markets Price Stability
Bank of Canada Senior Deputy Governor Carolyn Rogers stated that housing affordability is a pressing economic issue in Canada, not due to a lack of effort, but because the problem is poorly understood. She suggested that regulation can contribute to fairer markets.
Housing affordability remains one of the most pressing economic issues facing Canadians, but it is hard to solve because the problem is poorly understood, not because no one has tried, Bank of Canada Senior Deputy Gov. Carolyn Rogers said. In a speech, Rogers said regulation can make markets fairer, stro...