A little reassurance from Stephen Poloz
There has been so much industry chatter going on lately on whether or not there is or isn't a housing bubble in Canada, my head is spinning. Now the Governor of the Bank of Canada has weighed in on the issue stating that "our judgment is (the housing market) is a situation that is improving, this is not a bubble that exists here that would have to be corrected".Whether it is, or isn't remains to be seen. But, I'm going to go with Steve on this. He runs the show!