A new report from National Bank Financial is cautioning policymakers that crimping demand for housing could hit federal and provincial coffers. In the report, economists Warren Lovely and Marc Pinsonneault warned governments and regulators shouldn’t take hasty action when it comes to changes to the industry responsible for $120 billion, or 17 per cent, of government revenues in this country. “From a fiscal perspective, housing is something of a cash cow for Canadian... [read more]