Canada's Dodge: Hostility and resentment greet IMF

The troubles in the U.S. housing sector could delay recovery and have "huge consequences" for Canada's economy, Bank of Canada governor David Dodge said Thursday 29 March.

"Everybody else in the world looks at housing and says that doesn't have much consequence for demand for us. But of course for Canada it's exactly the opposite - it has huge consequences," the central bank governor said Thursday after a speech to the Americas Society and the Council of Americas.

In response to questions,

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