30 March 2012
30 March 2012
New budget suggests tightening the CMHC oversight
| The new federal budget is set to take more control over Canada Mortgage and Housing Corporation (CMHC)., which provides almost 75% of the mortgage default insurances. It should be noted that CMHC is backstopped by the federal government, but it’s getting closer to the limit of $600-billion… Read more |