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.
March 24th, 2009 / 10:55 a.m.
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.
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