Latest in Mortgage News: CMHC to Get New Name, Maybe “Housing Canada”
What’s in a name? Well, in the case of the Canada Housing and Mortgage Corporation, “mortgage” likely won’t be for much longer. The housing agency announced last week that it…
A Final Conversation with CMHC’s Evan Siddall and MPC’s Paul Taylor
Billed as their final public conversation before Siddall’s departure at the end of 2020 On Tuesday, CMHC President and CEO Evan Siddall joined MPC President and CEO Paul Taylor for…
Pace of Canadian mortgage credit growth is slowing
As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth, according to data from the central bank. Total mortgage debt at institutional lenders nationwide reached $1.69 trillion…