Finance minister to make announcement on housing today?

The federal finance minister has scheduled an announcement for Friday morning at 9.30 which is widely anticipated to be about the housing market. Reuters reports that the announcement may set out the government’s plans for cooling the housing market, which could include the rumoured hike in minimum downpayment for CMHC-backed mortgages.

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Market update:

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Sainte-Anne-de-Madawaska, Perth Road, Dublin Shore, Les Escoumins, South Marysburgh

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