Now, the hard part: few easy fixes left for feds on housing
By Peter MazereeuwJan. 18, 2017
Many of the tools that allow the government to cool the real estate market also make it tougher for young Canadians to borrow enough to buy a home.
Finance Minister Bill Morneau has intervened to try to curtail rising debt and prices in Canada's hottest real estate markets, but houses in Toronto and Vancouver remain hopelessly expensive for most young Canadians who want to buy their first home. The Hill Times photograph by Sam Garcia
The Liberal government may have to get more creative if it wants to help young urban Canadians struggling to break into the housing market.
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The Liberals will be under attack from all sides in the next election campaign, but Liberals say they have a good story to tell and some say they need to sharpen up their communications strategy before it's too late.