Chrystia Freeland Archives - Mortgage Rates & Mortgage Broker News in Canada

Government secondary suites refinancing announcement

Feds launch mortgage refinancing program to boost secondary suites and ease housing crunch

October 8, 2024 17 Comments

The federal government is rolling out another set of mortgage changes aimed at addressing the housing shortage, this time focusing on supporting the construction of secondary suites.

Federal government releases technical details of its latest mortgage changes

September 24, 2024 2 Comments

As a follow-up to last week’s announcement, the federal government has unveiled a more detailed framework for its updated mortgage rules, which are set to take effect on December 15, 2024.

Chrystia Freeland announces etension to foreign buyer ban

Federal government raises insured mortgage cap to $1.5M, expands 30-year amortizations

September 16, 2024 1 Comment

The federal government has unveiled sweeping changes to Canada’s mortgage system, calling them the “boldest reforms in decades.”

Ottawa to allow 30-year amortization for first-time buyers’ mortgages on new homes

April 11, 2024 2 Comments

Advocates are praising Ottawa’s move to lengthen the amortization period on insured mortgages for certain homebuyers.

Federal government extends foreign buyer ban until 2027

February 4, 2024 No Comments

The federal government today announced a two-year extension to its foreign buyer ban in what it says is an effort to make housing more affordable for Canadians.

Latest in mortgage news: Freeland approves RBC takeover of HSBC, with conditions

December 22, 2023 No Comments

RBC’s $13.5-billion acquisition of HSBC’s Canadian unit cleared its final hurdle after receiving approval from Chrystia Freeland, Deputy Prime Minister and Minister of Finance.

Chrystia Freeland - Fall Economic Statement 2023

Overview of housing initiatives in the government’s Fall Economic Statement

November 21, 2023 No Comments

From a crackdown to short-term rentals to new housing supply incentives, the federal government made housing a key pillar of its Fall Economic Statement released today.

Opinion: The Path Forward under Minister of Finance Chrystia Freeland

August 18, 2020 No Comments

The last 24 hours has been significant for the Trudeau Government. The SNC Lavalin and WE Charity issues are primarily political liabilities, but the departure

Chrystia Freeland