It would be a combination of the guarantees for the private insurers of $350 million plus a $600-billion limit for the CMHC, so a total limit on the mortgage guarantees of $950 billion.
On October 31st, 2018. See this statement in context.
On October 31st, 2018. See this statement in context.
October 31st, 2018 / 4:55 p.m.
Deputy Minister, Department of Finance
It would be a combination of the guarantees for the private insurers of $350 million plus a $600-billion limit for the CMHC, so a total limit on the mortgage guarantees of $950 billion.
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