How Does the Bank of Canada Affect Housing?

Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern talk to Armine Yalnizyan, economist and Atkinson Fellow On The Future Of Workers, about what role the Bank of Canada has played in the housing crisis. In this wide-ranging discussion, they discuss how wages have lagged significantly behind housing prices and how the Canadian Central Bank’s decision to quickly raise interest rates has affected mortgage holders. Hosted by Mike Moffatt & Cara Stern & Sabrina MaddeauxProduced by Meredith MartinFunded by the Neptis Foundation https://neptis.org/