registered wrote:Austin wrote:I'm just wondering what's taking them so long.
Finding a clever scapegoat outside of normal public view. Today they announced the CMHC goes under OSFI oversight:
This is what I am thinking as well. Mr. Carney has too much exposure on the news lately on the issue of housing debt and interest rate. It's time to point finger to someone else to redirect audiences' attention.
Although tightening CMHC is more specific to mortgage debt and should have be done long ago, interest rate deals with broader issues (inflation, price of goods, housing, gas.... exchange rate and bankers' pockets). It's all calculated and we are watching the Live Show.