The Macdonald-Laurier Institute (MLI) today released “Mortgage Insurance in Canada: Basically sound but room for improvement”, a paper by University of Guelph Associate Professor of Marketing and Consumer Studies Jane Londerville. The study highlights an important flaw in this country’s otherwise solid system of mortgage insurance and explains how to fix it. A flaw that harms home buyers by tilting the playing field unfairly and inefficiently in favour of the publicly-owned Canada Mortgage and Housing Corporation (CMHC).
Learn how more competition can be brought to Canada’s mortgage insurance sector…read the key recommendations of the Londerville paper and review the whole paper.