Bill Morneau is Canada's Minister of Finance, speaking to media in Ottawa

  • Considered whether more actions are needed in housing market in discussions with provincial counterparts
  • Home Capital is working through its challenges, settlement was "positive"
  • Bank of Canada policymakers told ministers economy is doing better than expected
  • We need to be focused on risks around consumer debt, trade policy
  • Says BoC Governor Poloz says the economy is doing well but does cite ongoing risks

Morneau and Mr. T