Harper dismisses reports of a Canadian housing bubble

CBC NEWS

Prime Minister Stephen Harper says Canada is not facing a housing crisis, despite analyst fears that the market may be on the verge of a serious decline.  In a forthcoming book, Hilliard Macbeth, a well respected Edmonton-based securities analyst, warns that "Canadians have far too much of their investment capital and savings tied up in expensive real estate," according to a promotional outline of the book.

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