In 2006 it was not the government that introduced 40-year mortgages. It was introduced by the mortgage insurance companies.
On May 16th, 2012. See this statement in context.
On May 16th, 2012. See this statement in context.
May 16th, 2012 / 8:55 p.m.
Chief, Financial Institutions Division, Housing Finance Review, Financial Sector Policy Branch, Department of Finance
In 2006 it was not the government that introduced 40-year mortgages. It was introduced by the mortgage insurance companies.
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