Toronto breakfast speech: We have real pockets of risk, he said at a Toronto breakfast speech, according to The Toronto Star. Morneau spoke with the provincial finance ministers of Ontario and British Columbia and called the mayors of Toronto and Vancouver earlier this week to discuss the creation of the working group. By Sunny Freeman Toronto Star Thu., June 23, 2016 Finance Minister Bill Morneau has announced the creation of a working group to study the hot housing markets in Vancouver and Toronto, signaling that concerns about overheating are largely isolated. It will study factors affecting supply and demand, affordability and the long-term stability of the housing market. We want people to understand that while the federal government has some levers under its control we don't have all of them, Morneau said. The group will not include officials from other provinces, nor any private sector experts such as bank economists or academics.
(news.financializer.com). As
reported in the news.
Tagged under Toronto breakfast speech, Ontario British Columbia topics.