Canada relaxes some mortgage rules to tackle housing crisis

Deputy Prime Minister and Minister of Finance Chrystia Freeland speaks to reporters at the Liberal caucus retreat in Nanaimo, B.C., on Tuesday, September 10, 2024.

Finance Minister Chrystia Freeland on Monday announced changes to some mortgage rules as part of an effort to make housing more affordable, a critical political issue that has hurt Prime Minister Justin Trudeau and his Liberal government.

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