An affordable housing crisis that is hurting the Canadian government’s popularity will take years to resolve, even if construction hits an 80-year high, Finance Minister Chrystia Freeland said on Saturday.

  • MooseGas@kbin.social
    link
    fedilink
    arrow-up
    6
    arrow-down
    1
    ·
    1 year ago

    Yes. I agree with you. I think that’s an awful idea. It wasn’t clear what the poster was suggesting, which is why i asked for clarification.

    He asks whether the government will interfere with the BoC, but then says that is only one tool. Then suggests the BoC is incorrect with raising rates since housing prices are not dropping.

    Again, the BoC is doing exactly what it is supposed to. The government is failing to address the other issues, which really isn’t a BoC issue.