Canada may need to take measures to slow housing market says IMF

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The International Monetary Fund says that Canada may need to put tougher lending rules in place to slow down the housing market. In its economic outlook report issued in Washington yesterday the IMF says the housing market is 10 per cent above “fundamental values”. The report also sees more balanced economic growth in 2015 with exports boosted by a weaker Canadian dollar. Read the full story.

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