BoC's Gov. Macklem: Housing affordability is a significant problem in Canada, but not one that can be fixed by raising or lowering interest rates
BoC's Gov. Macklem: Housing affordability is a significant problem in Canada, but not one that can be fixed by raising or lowering interest rates
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Bank of Canada’s Tiff Macklem spells out limits of monetary policy, says interest rates won’t solve housing affordability
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Monetary policy cannot solve Canada’s housing affordability problem or boost the country’s longer-term economic growth..