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Freeland announces Canadian Mortgage Charter to guide interactions between lenders, homeowners

Deputy Prime Minister and Finance Minister Chrystia Freeland on Tuesday tabled the government’s fall economic statement, which introduces a Canadian Mortgage Charter that will set expectations for how lenders interact with homeowners throughout the mortgage process. Freeland said the government’s goal is give homeowners the “support they need to afford their mortgages and keep their homes when renewing at a time of higher interest rates.”

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