RE:Say "No" if a gov. bailout handed over to HCG Reiterating its position that excess capacity remains in the economy and wage growth is subdued, the central bank nevertheless noted strong spending by Canadians along with a housing boom and job growth.
"Consumer spending and the housing sector continue to be robust on the back of an improving labour market, and these are becoming more broadly based across regions," the bank said in a statement accompanying the interest rate decision.
You are interpreting things that are not in the Bank of Canada's statement. Minister of Finance has indicated that there will be a market solution to Home Cap.