Okay.
By definition, uninsured mortgage holders are less likely to default. They have more equity in the value of a house. Why are we asking uninsured mortgage holders to effectively cross-subsidize the mortgage rates of insured mortgage holders?
On June 11th, 2024. See this statement in context.
June 11th, 2024 / 11:10 a.m.
Conservative
Adam Chambers Conservative Simcoe North, ON
Okay.
By definition, uninsured mortgage holders are less likely to default. They have more equity in the value of a house. Why are we asking uninsured mortgage holders to effectively cross-subsidize the mortgage rates of insured mortgage holders?
See context to find out what was said next.