Bank of Canada Senior Deputy Gov. Carolyn Wilkins

  • the bounce back in real estate has been sharp and aggressive,m driven by pent-up demand
  • does not see a lot of speculation in housing

Macklem chiming in again:

  • its possible that consumer spending could be greater than expected if there is a vaccine and economy could recover faster than forecast
  • premature to provide insight on mandate review

Wilkins is appearing before a parliamentary committee with Governor Macklem, earlier comments: