The effect could be greater if the federal government continues tightening mortgage rules by reducing the maximum amortization period from the current 30 years back to 25. (canadianbusiness.com)
The federal government announced a series of changes aimed at stabilizing the country's housing markets, including tightening mortgage rules that will put new limits on how much some buyers can borrow. (moneysense.ca)
When the federal government tightened mortgage rules in 2012, overheated condo markets in Toronto and Vancouver were widely seen as the main target. (hiva.ca)