Canada

Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO Debt Guru

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Mortgage reforms alone won’t solve housing crisis, says Mortgage Professionals Canada CEO Debt Guru

Van den Berg made the comments during her testimony before the Standing Committee on Finance on Thursday, where she welcomed recent government actions including extending amortization periods for first-time home buyers and increasing the insured mortgage limit of $1.5 million. “We commend the government for implementing these changes, but there still remain critical areas that … Read more

Barriers to homeownership in Canada ‘vast,’ Butler tells finance committee Debt Guru

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Barriers to homeownership in Canada ‘vast,’ Butler tells finance committee Debt Guru

Speaking before the Standing Committee on Finance on Tuesday during pre-budget consultations for Budget 2025, Butler called on the Government to tackle the growing housing affordability crisis, highlighting the significant barriers facing future homeowners . He highlighted the growing gap between Canadians who already own a home and those for whom homeownership may remain out … Read more