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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'You don't stop trying to find ways of resolving differences in opinion, but I do think in this day and age you need a whole range of ways of expressing concern and trying to move opinion,' says Bob Rae.
Government House Leader Pablo Rodriguez dodged questions if the government was responsible for setting the stage for a stand-off that could trigger an election, saying the question should be asked of the Conservatives.
Global Brief magazine editor Irvin Studin says politicians and policy-makers' thinking is 'too small, it’s too linear, it’s too path dependent, and it looks increasingly absurd as these systemic crises.'
Parliamentary Budget Officer Yves Giroux says he's found it 'much more difficult to get information out of the minister’s officer' since Parliament returned with Chrystia Freeland in charge of the nation's finances.