Banks in spotlight amid rising housing debt

Earlier this month the federal government announced plans to stop allowing banks to get CMHC insurance for HELOCs, which came as something of a surprise to the market as it was not generally known that such loans were ever eligible for government guarantees. ... They did not write these articles, they just reproduce them here for people who are interested in Toronto real estate. They do not work for any builders. ——————————————————————————————————————— ...

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