Canada finance minister says housing market has "supply issues"

Wed Jun 8, 2016 9:13am EDT
 
Email This Article |
Share This Article
  • Facebook
  • LinkedIn
  • Twitter
| Print This Article
[-] Text [+]

June 8 (Reuters) - Canadian Finance Minister Bill Morneau said on Wednesday that the country's expensive housing market is a "very real issue" for Canadians and the government was "looking at all evidence" as it considers whether it needs to move again to tighten mortgage regulations.

"We have supply issues," Morneau said at an economic conference in Toronto hosted by The Economist, noting that the Vancouver market was "very strong" and the Toronto market was "strong." (Reporting by Andrea Hopkins; Writing by Allison Martell; Editing by Alan Crosby)