• phone: 6047658873
  • fax: 888.253.4963
  • mobile: 6047658873
"I work for YOU, not the lender"

Blog by Linda M Linfoot

HST Transition

February 21st, 2012


For Immediate Release

Feb. 17, 2012

Ministry of Finance



Transition measures support new-home buyers, builders


VICTORIA – New housing transition measures give certainty to an important economic sector and help to keep taxes equitable throughout the transition as the province returns to the PST, Finance Minister Ke ...

CMHC Insurance Limits: A Wake-up Call for Lenders

February 2nd, 2012

CMHC Insurance Limits: A Wake-up Call for Lenders

Many have now seen this National Post article.

The gist of it: CMHC is approaching its $600 billion government-imposed limit on issuing mortgage default insurance. That’s happening largely because of lenders’ enormous appetite for something called portfolio insurance (a.k.a., “bulk insurance”).

No one fully grasps the repercussions yet ...