High interest rates aren't to blame for housing crisis, Bank of Canada governor says | CBC News
Briefly

"Tightness in some parts of the economy," most notably housing, he told MPs..."is continuing to hold inflation up."
"Spending that really stimulates demand...would be particularly problematic"
Last week, the Bank of Canada continued to hold its key interest rate at five per cent...signalled it has begun considering the timeline for rate cuts.
Read at www.cbc.ca
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