Canada’s Liberal government has decided that the easiest way to make housing more affordable for Canadians is to extend permitted amortization periods. Finance Minister Chrystia Freeland announced in Toronto today that the new changes, which are to take effect as of August 1, 2024, will enable first time homebuyers to take out insured mortgages with … Continue reading Liberals To Enable 30-Year Amortization Period On CMHC Insured Mortgages