Mr. Speaker, CMHC has an appraisal system which it uses along with the financial institutions. CMHC also has an insurance component.
Overall, the purpose is to do an appraisal, and the cost is shared among the users.
In the House of Commons on November 3rd, 1998. See this statement in context.
Canada Mortgage And Housing CorporationOral Question Period
November 3rd, 1998 / 2:40 p.m.
Saint-Léonard—Saint-Michel Québec
Liberal
Alfonso Gagliano LiberalMinister of Public Works and Government Services
Mr. Speaker, CMHC has an appraisal system which it uses along with the financial institutions. CMHC also has an insurance component.
Overall, the purpose is to do an appraisal, and the cost is shared among the users.
See context to find out what was said next.