Mark Carney news

  • Mortgage market strong, housing bubble nonexistent: Carney

    Bank of Canada governor Mark Carney said Canada is not experiencing a housing bubble and he doesn''t see the need for structural changes to the country's mortgage market, according to a report in Reuters.

  • Bank of Canada takes stance on housing bubble

    A Bank of Canada official called talks of a Canadian housing bubble premature in a speech in Edmonton Monday, adding higher interest rates are not the solution to cooling the current surge in housing demand and prices.

  • Is the CMHC reckless? Financial Post article prompts question

    The Canadian real estate market has made a rapid recovery, with prices soaring above previous years' levels and affordability dropping to below historic averages, causing everyone in Ottawa to worry that perhaps the market is too strong. The Financial Post thinks that CMHC may be to blame

  • Bank of Canada advises prudence, practices mystique

    Anyone following Bank of Canada governor Mark Carney lately couldn't be blamed for being a bit confused, as the clarity of the Bank's message has left a lot to be desired