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New Lending Rules in Canada

Tuesday Dec 12th, 2017

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Buying a condo in Canada has been easier in the past due to the lenient lending rules in Canada. The housing market of Canada is fast and the government has been trying to slow down this market. This time, there are some major changes being introduced by the banking regulator of Canada, OSFI, which will be implemented from 1st January 2018. Fears of the Government of Canada: The changes are due to the housing market situation in the country. the government has been taking into... [read more]

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