The Bank of Canada is now blaming Real Estate investors for pushing home prices higher. But who is really to blame? In this argument we discuss the one policy tool never discussed by the media, the cost of borrowing. Keith argues a stronger US dollar is coming, potentially creating a sell-off in risk assets which might give breathing room for major central banks to keep interest rates at zero. Listen to The Loonie Hour on your favourite podcast platform: The Loonie Hour on Spotify: https://open.spotify.com/show/4vA4m1d9RVo9KitszSHzN0 The Loonie Hour on Apple Podcasts: https://podcasts.apple.com/ca/podcast/the-loonie-hour/id1591470469See omnystudio.com/listener for privacy information.
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