| As debate heats up about the degree to which Toronto and Vancouver’s housing markets are overheated, there is a lot of talk about the role that foreign investment money is playing.
And it’s a bit frightening to realize that not even the government knows the answer. During a discussion with the Globe and Mail’s editorial board, Finance Minister Jim Flaherty acknowledged that Ottawa doesn’t have a good grasp on the amount of foreign money in the Canadian housing market...............................................Full Article: Source
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