In this video, we focus on the present state of the Canadian housing market and its vital affect on the financial system. Housing is the biggest contributor to Canada’s GDP, however the market is struggling regardless of its significance. With housing begins dropping and CMHC stories confirming this pattern, it is clear that present insurance policies aren’t addressing the core points.
We focus on why multi-billion greenback applications aimed toward creating inexpensive housing and incentivizing builders are usually not working, notably in the context of excessive rates of interest. Join us as we discover why these efforts are falling quick and what wants to vary to actually deal with the housing disaster in Canada.
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