Canadian finance minister says no housing bubble in Canada

Tue Jun 24, 2014 5:08am EDT
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LONDON (Reuters) - Canadian Finance Minister Joe Oliver said on Tuesday there is no housing bubble in Canada. Asked at a bond conference in London if there was a bubble, Oliver said: "No".

"The advice we have received is that we are not in a bubble," he told reporters.

(Reporting by William James, editing by Jamie McGeever)

Canada's Finance Minister Joe Oliver poses for a portrait in the Canadian High Commissioner's official residence in London June 23, 2014. REUTERS/Neil Hall