Jun
23
Morneau Hints at More Steps to Slow Canada’s Housing Market
ByCanadian Finance Minister Bill Morneau hinted policy makers may soon be taking additional steps to rein in housing prices in Toronto and Vancouver, the country’s two most expensive markets.
The Canadian government is setting up a working group that will include officials from the two cities, and the provincial governments of Ontario and British Columbia, Morneau said Thursday in a speech in Toronto. The group will study the matter in coming months and make proposals…