Canada Needs Fund to Shield Against Mortgage Meltdown: C.D. Howe

Canada Needs Fund to Shield Against Mortgage Meltdown: C.D. Howe

Canada needs to be better prepared to weather a housing crash that would leave taxpayers and mortgage insurers on the hook, according to a report. The country should build a fund to cover taxpayer losses of as much as C$9 billion ($7.1 billion), which

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