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Home / Mortgage Advice / ⛔Canadian Mortgage backed securities . Here we go!! 2019

⛔Canadian Mortgage backed securities . Here we go!! 2019



Canada’s Central Bank Is Getting Ready To Provide Mortgage Liquidity
Relax, everything’s fine. Or maybe it’s not. The Bank of Canada (BoC) quietly made plans to buy government backed mortgage bonds, last week. The move is designed to increase the bank’s assets, and arguably assist the housing market. That sounds great, until you realize how these things work. It’s a similar set-up to the one the US Federal Reserve created ten years ago.

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