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Dodge: Mortgage rule-tightening needed 'for everyone'
- February 16, 2010 9:35 AM |
- By Max Paris
So Finance Minister Jim Flaherty is tightening rules for mortgage applications. Go to this story for more details.
But for the purposes of this blog post, suffice it to say that The House was talking about this on Saturday with former Bank of Canada governor David Dodge.
One thing that puzzled Kathleen Petty was why the banks didn't just change the rules themselves. Here's her question and his answer.
Listen to Kathleen ask Dodge why the government must change mortgage rules:
But for the purposes of this blog post, suffice it to say that The House was talking about this on Saturday with former Bank of Canada governor David Dodge.
One thing that puzzled Kathleen Petty was why the banks didn't just change the rules themselves. Here's her question and his answer.
Listen to Kathleen ask Dodge why the government must change mortgage rules:
About the Author
- Max Paris Max Paris is the Senior Producer of the CBC's Environmental Content Unit.
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