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Mortgage Broker News | 22 Jan 2014, 07:06 AM Agree 0
Nicolas Marceau, Parti Quebecois finance minister, is echoing similar sentiments to many mortgage brokers: That the Canadian mortgage regulations should be region-specific.
  • Ron Butler | 22 Jan 2014, 09:35 AM Agree 0
    This could be a point of contention in future federal mortgage policy. Clearly this is a warning to the MOF. Could Quebec create a provincial version of CMHC and effectively take away the Feds key tool in influencing mortgage policy. The answer is a decided "Yes". Quebec opted out of Canada Pension and went on it's own what's stopping it from building it's own mortgage insurer? Nothing.
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