The CMHC cap is also legislated. The limit is legislated in the National Housing Act. It has the same mechanism as the proposed bills for increasing the limit through a future appropriation act.
On June 20th, 2011. See this statement in context.
On June 20th, 2011. See this statement in context.
Ling Wang Executive Advisor, Financial Sector Policy Branch, Department of Finance
The CMHC cap is also legislated. The limit is legislated in the National Housing Act. It has the same mechanism as the proposed bills for increasing the limit through a future appropriation act.
See context to find out what was said next.