Skip to main content

Morneau gambles on the housing market

In his 2019 budget Finance Minister Bill Morneau revealed extra spending amounting to a modest 0.2% of GDP, which will not materially change the outlook. By introducing a policy to help first-time homebuyers that won’t actually come into effect for another six months, Morneau may well have shot himself in the foot ahead of October’s election.

Become a client to read more

This is premium content that requires an active Capital Economics subscription to view.

Already have an account?

You may already have access to this premium content as part of a paid subscription.

Sign in to read the content in full or get details of how you can access it

Register for free

Sign up for a free account to:

  • Unlock additional content
  • Register for Capital Economics events
  • Receive email updates and economist-curated newsletters
  • Request a free trial of our services


Get access