WHAT'S HAPPENING IN THE TORONTO REAL ESTATE MARKET...NOW!
BABY COME-BACK A Look At CMHC's Unprecedented $150-Billion Covid19-Provoked Mortgage Buy-Back Program And How It's Working Out...So Far! “These events remind us all how crucial it is to have a safe and affordable place to live. CMHC exists in part to buffer the effects of events such as the COVID-19 virus pandemic, which affects the health and stability of Canada’s financial system. This is what we do. We are part of a federal team that is working hard together to ease the impacts on Canadians.” — Evan Siddall, President and CEO THE INITIAL PROGRAM FOR $50 BILLION : CMHC's ANNOUNCEMENT : Government of Canada announces further measures to support continued lending to Canadian consumers and businesses The Government of Canada, through Canada Mortgage and Housing Corporation (CMHC), is taking immediate, significant and effective action to support Canadian individuals and businesses facing financial hardship as a result of the global COVID-19 virus pand