pipsqueak1984 to [email protected] • 7 months agoBank of Canada reduces policy rate by 25 basis pointswww.bankofcanada.caexternal-linkmessage-square7fedilinkarrow-up153arrow-down13
arrow-up150arrow-down1external-linkBank of Canada reduces policy rate by 25 basis pointswww.bankofcanada.capipsqueak1984 to [email protected] • 7 months agomessage-square7fedilink
minus-square@SamuelRJankislinkEnglish1•7 months agoWhen Trudeau said he would keep housing prices high I wondered what his levers were. Aside from lowering prime rates it would be: Increasing RRSP withdraws(HBP) Creating additional accounts just to pump money into housing(FHSA) Increasing amortization for uninsured mortgages Bring back programs like The First-Time Home Buyer Incentive to share equity in housing
When Trudeau said he would keep housing prices high I wondered what his levers were.
Aside from lowering prime rates it would be: