November 1, 2016 / 6:47 PM / a year ago

BRIEF-Bank of Canada's Poloz: don't know response to new housing rules yet

Nov 1 (Reuters) -

* Bank of Canada’s Poloz: we don’t really know how banks, individuals will respond to new mortgage rules

* BoC’s Poloz: satisfied that in a relatively tricky situation Oct’s statements communicated that downside risk we had highlighted had crystalized

* BoC’s Poloz: new housing policy measures guarantee new mortgages will be of higher credit quality than might have been otherwise Highlights: Further coverage: [nL1N1D213F ] (Reporting By Leah Schnurr)

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