No need for immediate housing policy shift says Oliver
- Survey reveals sentiment of condo investors
Condo investors remained hopeful about the value of their investment property in 2014, while the majority also intend to hold onto their unit for the long term.
- Canada’s retail market set to make a comeback
Despite Target’s much publicized exit from the Canadian market, the country remained a top destination for global retailers in 2014, according to a new report.
Speaking Thursday at the Bloomberg Canada Economic Summit, Mr Oliver said that if a need arises the government will act as appropriate.
He also paid tribute to the work of the Canada Mortgage and Housing Corporation for making homeownership more accessible for more people and dismissed the idea that it may be privatised within the next decade.
He acknowledged, though, that it may become “somewhat less of a player” with private mortgage insurers taking more of the load from the federal agency.
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- Canmore listings increase for the first time in 3 years
- Restrictions on ‘Orientals’ will stay in BC