Macklem says monetary policy can’t solve housing inflation, urges governments to help boost home construction

Macklem says monetary policy can’t solve housing inflation, urges governments to help boost home construction

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The Bank of Canada governor is urging all levels of government to work together to boost the supply of homes across the country, arguing that the rising cost of housing, which has become the biggest driver of overall inflation, can’t be addressed by monetary policy alone. In a Thursday appearance…

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