Morneau seeks ‘co-ordinated approach’ to assess housing market

Globe and Mail

 

Ottawa will create a “working group” of officials from all three levels of government to study the state of the Canadian housing market over the summer and make recommendations to the government, federal finance minister Bill Morneau announced Thursday.

In a news release issued in conjunction with a speech to the Economic Club of Canada in Toronto, Mr. Morneau said the group would include officials from the federal government, the Ontario and British Columbia provincial governments, and the cities of Vancouver and Toronto – the two markets that are in the grips of a housing boom.

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