The Honorable Jim Flaherty, Minister of Finance, today announced a number of measured steps to support the long-term stability of Canada's housing market and continue to encourage home ownership for Canadians. "Canada's housing market is healthy, stable and supported by our country's solid economic fundamentals," said Minister Flaherty. "However, a key lesson of the global financial crisis is that ...
Posted by Jodi Gibson
on February 17, 2010
By Alexandre Deslongchamps and Greg Quinn Feb. 8 (Bloomberg) -- Bank of Canada Deputy Governor Pierre Duguay repeated a pledge to hold the central bank’s key policy rate at a record low 0.25 percent through June, saying there is lots of slack in the economy. “The recovery will be difficult,” he said during a speech today in Quebec City, Quebec. “A good deal of the recovery ...
Posted by Jodi Gibson
on February 9, 2010