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Feds introduce non-binding mortgage charter in fall fiscal update

Summary by Ground News
The federal government released its fall statement on Wednesday. It includes a number of new initiatives aimed at addressing the housing crisis in Canada. The government is also spending $6.2 billion over the next six years on new housing projects. The announcement is part of a larger plan to address Canada's housing crisis.

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iPoliticsiPolitics
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Feds introduce non-binding mortgage charter in fall fiscal update

While Finance Minister Chrystia Freeland did not clarify whether Canada’s banks have agreed to adhere to the charter, she said the fact that it’s included in a government document “sends a very strong message.”

·Canada
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iPolitics broke the news in Canada on Tuesday, November 21, 2023.
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