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Thursday, May 25th, 2017

U.S. and Canada are altering the way housing finance works so taxpayers aren’t stuck bearing the brunt of risks

Canada and the United States are both contemplating changes to the way we finance housing Last Wednesday Scotiabank sold the first Canadian bonds backed by consumer lines of credit in 12 years. The highly rated issue sold at market, according to a Bloomberg report, at an impressive 78 basis points over similar-term Canadian government bonds. […]

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