Tag: Housing Headache

Monetary Policy and Financial Stability: Canada’s House-Price Dilemma

March 21, 2016/iMFdirect By Cheng Hoon Lim Canada’s housing market is sizzling hot and the Bank of Canada has a monetary policy dilemma: increase interest rates to cool the housing market would hurt borrowers and the economy; keep interest rates low adds fuel to the borrowing that led to the […]