Government of Canada Takes Action to Strengthen Housing Financing

By
Real Estate Broker/Owner with Ace Team Realty Inc.

Government of Canada Takes Action to Strengthen Housing Financing

On February 16th, The Honourable Jim Flaherty, Minister of Finance, announced a number of measured steps to support the long-term stability of Canada's housing market and continue to encourage home ownership for Canadians.

These adjustments to the mortgage insurance guarantee framework are intended to come into force on April 19, 2010. 

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