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Canada creates working group to study booming housing market

Published 2016-06-23, 08:41 a/m
© Reuters.  Canada creates working group to study booming housing market

TORONTO, June 23 (Reuters) - The Canadian government is
creating a working group of federal, provincial and municipal
officials that will study the country's booming housing market
and provide possible policy changes, its finance minister said
on Thursday.
The working group will meet throughout the summer to review
issues like supply and demand, affordability and the stability
of the market, Finance Minister Bill Morneau said. The Canadian
government will evaluate whether further steps can be taken to
protect borrowers and lenders to help maintain a stable market,
he added.

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