Bank of Canada governor wants to avoid housing policy mistakes of the past
Kevin Carmichael: In an exclusive interview, Tiff Macklem says bank keeping an eye on housing market amid ultra-low rates
The Bank of Canada takes a lot of heat over this country’s various housing bubbles. Former governor Mark Carney definitely lit the match back in 2009 by dropping the benchmark interest rate to almost zero and leaving it there for a year.
Original Article Source Credits: financialpost, https://financialpost.com
Article Written By: Kevin Carmichael
Original Article Posted on: Dec 18, 2020