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BoC's rate messaging partly to blame for hot housing: Scotia's Holt

BoCs rate messaging partly to blame for hot housing: Scotias Holt Ian Vandaelle, BNN Bloomberg VIDEO SIGN OUT Scotiabank Head of Capital Markets Economics Derek Holt doesn’t think the Bank of Canada should be able to wash its hands of responsibility for the massive run-up in residential real estate prices. In a television interview Tuesday, Holt said the Canadian central bank should take some ownership for the surge in home prices it helped foster with its rock-bottom interest r...
British Columbia Derek Holt While The Bank Scotiabank Head Capital Markets Economics Derek Holt Bay Street

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