Canada government takes measures to cool housing market
OTTAWA Dec 11 (Reuters) - Canada's government on Friday stepped in to cool down parts of the housing market, saying it will force people who want to buy more expensive houses to provide a bigger down payment.
Finance Minister Bill Morneau, rejecting talk of a bubble, told reporters that the move - along with a number of other measures announced on Friday - would ensure that the market remained stable.
(Reporting by Leah Schnurr)
© Thomson Reuters 2017 All rights reserved.