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CMHC releases report on foreign ownership

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Canadian Realestate Magazine | 07 Apr 2016, 11:17 AM Agree 0
The Crown Corporation released its latest Housing Markets Insight Report Thursday, which focuses on the foreign investment
  • Derek | 07 Apr 2016, 11:52 AM Agree 0
    Yes I am sure CMHC has that right (not), did they read the Panama files , shell corporations buying properties in world markets, Miami , Toronto, Vancouver . Maybe they should spend there time helping instead of crashing deals in the Western provinces where people are losing there homes because of the economic down swing.
  • Daryl | 10 Apr 2016, 05:41 PM Agree 0
    Hope this puts to rest the prevailing myth that Canada's boom is due to foreign buyers, such as claims that a majority of Vancouver buyers were foreign, and allows the true impact of government and banking policies of cheap interest rates and easy lending to be acknowledged. It's time Canadians woke up and realized our government has been playing the same games that led to the US housing crash.
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