Canada, provinces discuss whether more housing action needed

Canada’s finance minister said
on Monday he had discussed with his provincial counterparts
whether more actions are needed to ensure the stability of the
country’s housing market, and said that Home Capital appeared to
be working through its challenges.

During a press conference following a meeting with
provincial finance ministers, federal Finance Minister Bill
Morneau also called Home Capital Group Inc’s recent
settlement with the Ontario Securities Commission “positive.”
(Reporting by Leah Schnurr, editing by G Crosse)


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