Oct 26, 2012
By Bob Sheppard
IMF
The head of the International Monetary Fund says nations trying to fix their financial systems should follow Canada’s example.
Christine Lagarde says Canada is a leader in creating policies intended to rein in the build-up of household debt.
Lagarde points to Finance Minister Jim Flaherty’s move to boost down payments on new mortgages for homebuyers as a great example of restraint.
She made the comments in a speech last night in Toronto.
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