Canadian Mortgages, Insurance, Investment, Tax Planning

CRA Media Room

Revenu Québec - Tax News

XE Forex News

Canadian Mortgage Broker news

Thursday, December 30, 2010

Canadian Mortgage Broker News - Harper hints at tighter mortgage rules in 2011

Canadian Mortgage Broker News - Harper hints at tighter mortgage rules in 2011

Harper hints at tighter mortgage rules in 2011

| Wednesday, 29 December 2010


Prime Minister Stephen Harper hinted the government may adjust mortgage rules in 2011 to help Canadians avoid going deeper into debt.
“We’ve tightened mortgage rules before,” Harper told CTV during a year-end interview that aired on Christmas Day. “If we have to do that again, we will.”

Harper also committed to eliminating the federal deficit but will not use “slash and burn” cuts, particularly in the critical areas of health and education.