22 November 2013

Steven Poloz doesn’t see a housing bubble and doesn’t have any reason to hike interest rates.

This Thursday the Governor of the Bank of Canada, Stephen Poloz said that all worries about a housing bubble are mostly unfounded and Canadian real estatemarket is expected to show a soft landing.

“In our opinion, the situation at the housing marketis improving, and we can’t see any bubble that needs correction,” – Mr. Poloz noted…

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