http://business.financialpost.com/personal-finance/mortgages-real-estate/end-of-canadas-unique-mortgage-system-means-higher-bank-costs
"One reason Canada’s banking industry has been cited as one of the world’s most stable is that the government backs all the mortgage insurance obligations in the market. That includes fully-backing mortgage insurance sold by Canada Mortgage & Housing Corp （CMHC）. and 90 per cent when sold by private insurers like Genworth MI Canada Inc. that compete with the government agency. This iron-clad government support on insured mortgages is “unique” in the world, according to the finance department."
GENWORTH 是私人房屋贷款公司，其股票这几天价格大跌，它借出的房贷90%由纳税人的CMHC来承担其贷款保险。现在政府想逐渐退出或让贷款公司承担贷款风险，这是公平的。估计许多房贷者Renew到期房贷时，房贷公司会强行提高房贷利息，而贷款人再换新的房贷公司时可能不qualify，而又找不到其他房贷私人公司愿意借钱，骑虎难下。
联邦房贷新政威力巨大?逾三成申请者将不符条件