Robert McLister·Government RelatedMortgage Regulations·February 5, 2010Carney Suggests No Need For New Mortgage Rules Bank of Canada chief, Mark Carney, says there is no housing bubble in Canada. “We are following it closely but we would not characterize the current state of the housing market in those terms,” he said yesterday. In reference to the need for further mortgage restrictions, Carney said: “We’ve seen the strength of the system of mortgage insurance…It’s allowed our housing market to weather the storm.” “I must say we don’t see a need for structural change in the mortgage market.” More from Reuters… Like news like this?Join our CMT Updates list and get the latest news as it happens. Unsubscribe anytime. SUBSCRIBE! Thank you for subscribing. One more step: Please confirm your subscription via the email sent to you.