Department of Finance Canada: Government announces mortgage reform details to ensure Canadians can access lower monthly mortgage payments by December 15

Department of Finance Canada

Canada News Centre

Government announces mortgage reform details to ensure Canadians can access lower monthly mortgage payments by December 15

by Department of Finance Canada on Tuesday 24 September 2024 01:25 PM UTC+00 | Tags: news-releases
Canadians work hard to be able to afford a home. However, the high cost of mortgage payments is a barrier to homeownership, especially for Millennials and Gen Z. To help more Canadians, particularly younger generations, buy a first home, on September 16, 2024, the federal government announced the boldest mortgage reforms in decades.
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