That is absolutely correct. It's not the function of the regulator to determine who the mortgage insurance will be provided to. It's a business decision. There will be no obligation to expand.
On June 1st, 2006. See this statement in context.
On June 1st, 2006. See this statement in context.
Director, Financial Sector Policy Branch, Department of Finance
That is absolutely correct. It's not the function of the regulator to determine who the mortgage insurance will be provided to. It's a business decision. There will be no obligation to expand.
See context to find out what was said next.