Thursday, August 8, 2013
â€œWe hope very much to be proven wrong, but the analysis is clear. Canada borrowed its way out of the 2009 recession by stoking our residential housing market to absurd levels. We cannot afford the houses we are living in," says Canso Investment Counsel, a corporate bond management firm. Now Carney, with Osborne's blessing, is going to try to do the same here.