Joe Oliver Not Concerned About Housing Market

Joe Oliver Not Concerned About Housing Market

Speaking after meeting with private sector economists in Ottawa, Finance Minister Joe Oliver said yesterday that he is not concerned that we may be heading into a housing bubble. Mr Oliver reiterated earlier projections that the market will see a soft landing, and said that strong growth seen recently was not a sign of an impending bubble. He said that he is comfortable with the economy and although there is more to be done in the real estate sector, he is confident that nothing dramatic needs to be done. Read the full story.