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Bank of Canada's Rogers says not seeing a high level of stress in the mortgage market

  • Rogers and Macklem appearing in parliament (committee)
Eamonn Sheridan
01/05/2024 | 21:51 GMT

Governor of the Bank of Canada, Tiff Macklem, and Senior Deputy Governor Carolyn Rogers appearing before the Standing Senate Committee on Banking, Commerce and the Economy.

Earlier:

  • Bank of Canada Governor Macklem expects core inflation to continue to ease gradually
  • Bank of Canada Governor Macklem - cut in rates a signal we are on track to 2% inflation

Rogers now:

  • We are not seeing a high level of stress in the mortgage market
  • Data is not telling us so far that we have a mortgage crisis
BoC's Rogers
BoC's Rogers

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