MPC meets with Finance Minister’s office

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Two association executives met with the members of the office to discuss the broker industry’s concerns about the recent mortgage rule changes.

"We had a frank and productive meeting where we raised broker and lender concerns with the Minister’s direct policy advisor on the file,” Mark Kerzner, incoming chair at Mortgage Professionals Canada, said in an update on MPC’s Facebook page. “The meeting was tough but professional.”

The conversation was the first of what appears to be many more.

According to the update, the association plans to continue the conversation as more clarity around the recent mortgage insurance rule changes come to light.

“It is critically important that we remain engaged in discussions on issues that affect our members and more importantly, our customers,” Paul Taylor, MPC CEO, said. “We will continue our proactive advocacy role with the new government aimed at addressing these policy directions and shaping policy moving forward.”

The pair met with senior staff at the office. No details on what was discussed have been published.

However, the association did express its dedication to industry advocacy through continued discussions with the government.

“We are also expanding our efforts to leverage the power of grassroots advocacy by providing our members with tools and engagement as well as a more direct influence at all levels of government over the coming year,” MPC said. “This will be aided by additional resources which include our new Ottawa-based government relations firm that specializes in a campaign-style approach for associations and our Manager, Government and Policy who will work closely with our CEO on our ongoing government relations and advocacy efforts.”
 
  • Brian on 2016-10-07 11:54:25 AM

    I think they should be focusing on auditing the banks and review the mortgages they are providing to housewife's and student's using foreign income. This is the real problem here , "The Big Short Lite"

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