Even though there has been minimal or no interest in having new bylaws imposed, Ottawa will still maintain a closer look on the real estate market, said Bill Morneau, federal finance minister. This was in a message, where he made very clear in his meeting with private sector economists and a sit-down with some journalist.
As reported by CBC News, the finance minister noted that the federal government is being very vigilant, thus have been observing the risks directed at the housing market. This is an ongoing process which is being done in order to be certain that the real estate market is appropriately steadied and to ascertain that people are guarded well in their own principal investment.
The finance minister, Mr. Morneau also mentioned that the government was passionate in firming up the ties between Canada and the new president of the U.S, Donald Trump, who is deemed beneficial and a great help to the trade sector. On the other hand, the discussion is yet to transpire, as it has not been arranged yet.
J C Loum