Is The CMHC Limiting Their Downside, Or Their Upside?
Toronto Realty Blog
JUNE 8, 2022
This past week, the Canadian Mortgage & Housing Corporation announced that it was placing a ceiling of 8% on any gain or profit on a property purchased through the “First Time Home Buyer Incentive Program,” but also an 8% cap on any losses. Let’s start today’s blog post with another quote.
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