Bank of Canada senior deputy outlines dilemma at centre of housing affordability
There are no simple fixes and any changes to the Bank of Canada’s monetary policy would come with trade-offs
The Bank of Canada's senior deputy governor, Carolyn Rogers, has stated that housing affordability in Canada is a persistent concern that is unlikely to be resolved soon.
According to Rogers, monetary policymakers are facing challenges in finding new tools and pathways to address the issue of housing affordability.
She made these comments during a speech in Victoria, B.C.
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