With regard to the Canada Mortgage and Housing Corporation's regulations concerning amortizations periods for new mortgages: (a) what reports or analyses has the government conducted concerning increasing the amortization period up to 30 years; (b) what recommendations did the reports in (a) make; (c) does the government believe that increasing amortization periods to 30 years would make buying a new home more affordable; and (d) does the government intend to introduce legislative changes to increase amortization periods?
In the House of Commons on September 18th, 2023. See this statement in context.