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VANCOUVER, April 4 (Reuters) – Canada’s finance minister
said on Wednesday he would rather not tighten mortgage rules
again to curb high household debt and that banks themselves are
taking on that job by becoming more strict with their lending
criteria.
Flaherty said he has seen signs of moderation in the Toronto
condominium market and expects to see a similar trend in
Vancouver, one of the country’s hottest real estate markets.
