REMI

mortgage insurance

REMI

CondoBusiness

Canada modifies mortgage insurance rules

On Dec. 11, Finance Minister Bill Morneau announced changes to the rules for government-backed mortgage insurance in order to contain risks in the housing market,

CondoBusiness

Household debt levels a cause for concern: report

A new report from the International Monetary Fund (IMF) is raising concerns about the stability of Canada’s housing market. According to the global economy forum, Canadian household debt levels are among the highest recorded in Western countries.