There are both high-ratio and low-ratio mortgages, but they're all insured against default in the first instance by either CMHC or one of the private insurers.
On March 3rd, 2009. See this statement in context.
On March 3rd, 2009. See this statement in context.
Assistant Deputy Minister, Financial Sector Policy Branch, Department of Finance
There are both high-ratio and low-ratio mortgages, but they're all insured against default in the first instance by either CMHC or one of the private insurers.
See context to find out what was said next.