I can confirm that any project that was committed to in advance of the cap would not be subjected to the cap.
On February 17th, 2023. See this statement in context.
On February 17th, 2023. See this statement in context.
February 17th, 2023 / 9:15 a.m.
Senior Vice-President, Client Solutions, Canada Mortgage and Housing Corporation
I can confirm that any project that was committed to in advance of the cap would not be subjected to the cap.
See context to find out what was said next.