REUTERS: Canada eyes stricter rules for mortgages
February 14th, 2010
* Aimed at ensuring borrowers can pay at higher rates
* Canada#8217;s housing market stronger than in the U.S.
OTTAWA, Feb 11 (Reuters) #8211; The Canadian government is looking at tightening up rules for granting mortgages to make sure consumers don#8217;t take on more debt than they can handle, the Globe and Mail newspaper reported on Thursday.
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Categories: Real Estate