Page 44 - அலுவலகம் ஆஃப் தி கண்காணிப்பாளர் நிதி நிறுவனங்கள் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Trudeau Likely Just Getting Started on Housing Tweaks Bloomberg 2 hrs ago Ari Altstedter (Bloomberg) Almost as soon as it was announced, the Canadian government’s first attempt to rein in the country’s pandemic housing boom was dismissed as not enough. Canada’s banking regulator signaled its intent Thursday to take a small step by tightening qualification rules for uninsured mortgages, worried that low interest rates will put new home buyers too far into debt. The move will effectively reduce by about 4% the size of mortgages households will be eligible to take. With buyers straining ever more to get in amid the frenzy, expectations are building that move will be only the first step in Prime Minister Justin Trudeau’s efforts to keep a long-feared housing bubble from forming, and popping, on his watch. To do so, his government must bring the one part of the economy that’s at a boil down to a simmer, without triggering a sharp correction that could

New zealandBritish columbiaRob mclisterChrystia freelandCole burston bloombergRobert kavcicDavid mckayJustin trudeauDerek holtJeremy rudinNational bankCanadian real estate associationOffice of the superintendent financial institutionsRoyal bankPrime minister justin trudeauBloomberg toronto