Join us for an exclusive post-speech interview with Bank of Canada Senior Deputy Governor Carolyn Rogers following her address to the Greater Victoria Chamber of Commerce and CFA Society Victoria.

In this conversation, Rogers sits down to unpack her frank speech on Canada's housing affordability dilemma. We discuss why interest rates are too blunt of a tool to fix housing, how Canada's heavy reliance on residential real estate impacts our national productivity, and what regulatory stress tests actually achieved versus what they couldn't fix. Plus, we dive into the trade-offs of measuring shelter costs in the CPI and what it will genuinely take to untangle the Canadian economy from the housing trap.

Research:

Canada’s housing market / Le marché canadien du logement

https://www.youtube.com/watch?v=8C9jD5xQJdM

Canada’s mortgage market—A question of balance Remarksby Carolyn Rogers at the Economic Club of Canada, November 6, 2024

https://www.bankofcanada.ca/2024/11/canadas-mortgage-market-a-question-of-balance/

Hosted by Mike Moffatt & Cara Stern & Sabrina Maddeaux

Produced by Meredith Martin

Edited by Sean Foreman and Canadian Civil

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