Huffington Post: Canada Has Put Housing Markets On Life Support. Here’s What’s Happening.

When the COVID-19 lockdowns arrived last month, Canada’s central bank and top financial regulators didn’t wait to see whether the massive economic disruption would crash the housing market. They saw the first signs of trouble, and got busy putting the whole market on life support. In just the past few weeks, the federal government and the Bank of Canada have announced they will be injecting at least $150 billion ― and probably much more ― into Canadian banks and mortgage lenders, to ensure they have the cash to keep lending. Read More...


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Mississauga Real Estate Board
3450 Ridgeway Dr #1
Mississauga, ON L5L 0A2, Canada
Phone: 905.608.6732
Fax: 905.608.9988