Chrystia Freeland
Canada’s soaring housing prices leave potential homeowners with limited choices. Local and federal govts are trying to help.
Since the start of the pandemic, housing costs in many areas have climbed at a pace well ahead of income growth, with the average price up more than 50% in two years. Canada’s local and federal governments are now pursuing measures to try and rein in prices.
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Christina Romer, chair of the White House Council of Economic Advisers has resigned. Chrystia Freeland, global editor in chief of Reuter says that it is fairly common to see big moves when there is a midterm election on the horizon.