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Does The Government Care About Real Estate Prices?

Mortgage changes make for great headlines but it's pretty obvious that the government of Canada doesn't care about real estate prices.

In this week's Rock Star Minute we discuss using Exhibit A, Exhibit B, and Exhibit C...

Sources:

The Star: GTA population growth topped Canadian and American cities in 2019

Canadian Centre for Economic Analysis, Canadian Urban InstituteToronto Housing Market Analysis

Journal of Commerce - History of Housing Starts in 10 Canadian Cities – Toronto a Colossus

Ontario Ministry of Finance - Ontario Population Projections, 2018–2046

Central Bank RatesCentral Bank Rates

Bank of Canada - Measurement Bias in the Canadian Consumer Price Index: An Update

The Power of Helicopter Money Revisited: A New Keynesian Perspective

The National Post - Canada's fiscal snapshot predicts $343 billion deficit as Liberals offer little intention to curb spending

 

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