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  • There Is More to Why Canada's Banks Are Better [View article]
    CMHC is a government owned entity which guarantees mortgages (like Ginnie Mae in the US). So the only the government is doing is increasing liquidity - not taking on any incremental credit risk. This is not the same as the Obama stimulus program.
    Jun 15 19:21 pm |Rating: 0 0 |Link to Comment
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