Real estate nation: putting the economy at risk and disadvantaging a generation
With interest rates not expected to go up soon, half-baked efforts by federal and provincial authorities to discourage risky home buying are not expected to significantly slow the runaway housing market.

OTTAWA—It’s been a decade since the commercial bank borrowing rates influenced by the Bank of Canada shifted permanently downward as the central bank adopted a policy that came to be known as “low for long.”
Central bank officials holed up down the street from Parliament were forced to keep...
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