Figures showed “the average family must spend two-thirds of their gross income on monthly payments for the average home in Toronto or Vancouver,” he said
"There is a risk they would bid up the price for more modest housing."
It's something the governing Liberals, including Prime Minister Justin Trudeau, have vowed they would never do.
Data obtained without borrowers’ informed consent included personal income, municipal addresses, credit scores and household debts even for homeowners who were not CMHC customers.
And after dropping "Mortgage" from its name staff want to celebrate with a champagne party, according to Access To Information records disclosed by the Canadian Taxpayers...
The federal insurer awarded a $246,000 grant for a research “lab” on finding suitable housing for parolees.
Launched in 2019, the program gives equity loans of up to 10% for buyers of homes valued at no more than $480,000.
Reading a farewell speech, Evan Siddall cited the 1986 U.S. Iran-Contra affair in stating there was no excuse for lying.