pipsqueak1984@lemmy.ca to Canada@lemmy.ca · 5 months agoBank of Canada reduces policy rate by 25 basis pointswww.bankofcanada.caexternal-linkmessage-square9fedilinkarrow-up154arrow-down13
arrow-up151arrow-down1external-linkBank of Canada reduces policy rate by 25 basis pointswww.bankofcanada.capipsqueak1984@lemmy.ca to Canada@lemmy.ca · 5 months agomessage-square9fedilink
minus-squareSamuelRJankis@lemmy.worldlinkfedilinkEnglisharrow-up1·5 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: