The Shocking Truth Behind Trudeau's Mortgage Reform - It's NOT What It Seems!
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If you thought housing in Canada was already expensive, get ready for some changes that could make things even more costly in the long run.
The federal government, led by Justin Trudeau and Chrystia Freeland, has recently made significant changes to the housing market—claiming to help first-time buyers, but will they help people those who have been feeling disenfranchised and that they’ll just never own a home in Canada?
Or is this just a last gasp ploy to try to gain some of the voters back to the Liberals that have clearly lost confidence in this government?
With headlines like BNN Bloomberg's "Tredeau Loosens Mortgage Rules in Bid to Woo Younger Voters," one might suspect so.
Let us know your thoughts in the comments.
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0:00 Big Changes
1:20 Insured Mortgage Cap
3:30 Extended Amortization
5:08 Good Opportunity?
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