No. CMHC is passing on the yield at which it purchases it to the government. As the government says, this yield is at a rate that is higher than their own borrowing costs.
On March 24th, 2009. See this statement in context.
On March 24th, 2009. See this statement in context.
Treasurer, Canada Mortgage and Housing Corporation
No. CMHC is passing on the yield at which it purchases it to the government. As the government says, this yield is at a rate that is higher than their own borrowing costs.
See context to find out what was said next.