Mortgage finance regulations: it’s time to level the playing field

Safeguarding our residential lending markets requires consistent regulation across all jurisdictions

Finance Minister Bill Morneau, pictured Aug. 9, 2018, at a Farm Boy store in Ottawa, where he announced the reduction of credit card interchange fees affecting small and medium-sized businesses. Harmonizing mortgage finance regulations across all jurisdictions will require leadership from the government of Canada and collaboration among all provinces and territories, but the effort would benefit all Canadians, writes Keith Lancastle. The Hill Times file photograph by Andrew Meade

Opinion

BY KEITH LANCASTLE

November 19, 2018

One of the fundamental lessons learned from the 2008-09 financial crisis is that the stability of the economy is substantially predicated on the health of its residential mortgage-lending system. An essential contributor to that health is an effective and efficient regulatory regime applied to the m...

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