Ottawa kauft im Jahr 2026 kanadische Hypothekenanleihen im Wert von 30 Milliarden US-Dollar
https://ca.finance.yahoo.com/news/ottawa-buying-30-billion-canada-104500298.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cucmVkZGl0LmNvbS8&guce_referrer_sig=AQAAAHKReqGhpDgWDlmkzhFucRTcR3SEkTwR4x_Tbb0BzZXBN0PmC55yEf96oS3KbcLHTx4hM79z4GXZZtZm5zjkKStj9EwGBWM67hRcZd4OFv3UNSjr591nnRh3NZLhQIwxwqnKrwX_rVkXcvOhYq6jbba7h-JY6dX68H-AxjeWVRqg
18 Kommentare
I wonder what percentage of these are CMHC insured.
Where are they getting the money from?
“Why is inflation so high?”
I mean it sounds like a nothing story?
Carney is an economist, if he thinks an economic downturn and lending crunch is coming why not get ahead of it now so that people have jobs building houses?
No point waiting until there is a liquidity crunch and dealing with it after the fact if you know its coming based on previous economic downturns.
[deleted]
They bought $29 billion last year. $30 billion in 2026 is a non-story
That should cover some of the Indian affairs budget for 2026.
This is exactly what you should do economically in this kind of situation. Inflation was high coming out of the pandemic, so the Bank of Canada responded. That’s what it needs to do because monetary policy is a blunt instrument, it affects everything. The government through fiscal policy has the scalpel, and can go in to stabilize certain areas that are overly affected by the high rates, to stabilize them and allow monetary policy to continue working on the aggregate economy. It’s just what you have to do to manage the economy as it is, with household debt and leverage where it is.
It’s been happening for 2 years already according to the PBO.
[https://www.pbo-dpb.ca/en/publications/RP-2526-014-S–fiscal-implications-government-purchase-canada-mortgage-bonds–incidence-financiere-achat-obligations-hypothecaires-canada-gouvernement](https://www.pbo-dpb.ca/en/publications/RP-2526-014-S–fiscal-implications-government-purchase-canada-mortgage-bonds–incidence-financiere-achat-obligations-hypothecaires-canada-gouvernement)
As someone who’s a complete layman in economics, does this mean the government is artificially propping up mortgage rates with a move like this?
The government is trapped. They are essentially fighting the BoC but the alternative is more delinquencies.
The housing would have been at least 20% cheaper if not for the government propping it up with billions in buybacks.
[deleted]
I just realized Carney has the exact same Canada first sign the Conservatives use only they switched first for strong and made it red.
Enough market manipulation, let the free market sort itself out.
Government REALLY does not want home prices to drop lmao
Buying your own housing debt is a sign nobody else wants it. We are artificially pushing down mortgage rates as a lifeline to continue to entice people to buy houses at favorable rates rather then just letting the market do its thing.
This is just a death knell to the bigger problem, kicking the can down the road to stay afloat a little longer.
Instead of building houses to make them affordable, they’d rather play financial games to artificially lower the rates on mortgages, that they themselves insure…. Yikes