The IMF's Take on Canada's Housing Dilemma Is So Absurd I Can't Even
The blunt tool isn't the only one in the box.
Bank of Canada Gov. Stephen Poloz
Photographer: Patrick Doyle/BloombergThis article is for subscribers only.
Nothing spells drama like frothy real estate in an economy that's dealing with the flip side of the commodity supercycle.
Here's how Cheng Hoon Lim, assistant director in the International Monetary Fund's Western Hemisphere Department, framed that drama in a new blog post: