View the video here on your mobile device. Finance Minister Jim Flaherty is tightening mortgage rules to crack down on speculators and discourage homeowners from taking on too much debt. He is responding to growing concerns that Canada’s housing market is overheating, although he stresses that there is no bubble in Canada’s real-estate market – [...]
View the video here on your mobile device. After three straight quarters of rising interest in investments, more Canadians say they’re focused on paying down debts as they head into the New Year, according to a national poll for Manulife Financial. Those who say their top priority is to pay down credit cards, lines of [...]
View the video here on your mobile device. A private investor group, in which Ontario Teachers’ Pension Plan is the lead sponsor, has entered into a definitive agreement to acquire AIG’s Canadian mortgage insurance business, AIG United Guaranty Mortgage Insurance Company Canada. Terms of the transaction were not disclosed. United Guaranty Canada, headquartered in Toronto, [...]
