My understanding is that currently CMHC has 100% financial backing from the Government of Canada, whereas the private insurer's limit is 90%.
On May 29th, 2006. See this statement in context.
On May 29th, 2006. See this statement in context.
Director - Chair, Federal Affairs Committee, Canadian Real Estate Association
My understanding is that currently CMHC has 100% financial backing from the Government of Canada, whereas the private insurer's limit is 90%.
See context to find out what was said next.