The Canada Mortgage and Housing Corp., (CMHC) is exploring ways to make it easier for entrepreneurs and new immigrants to buy a home by cutting some of the red tape required to prove they can afford to pay the mortgage.
Evan Siddall, the CEO of CMHC, said in a wide-ranging interview with The Canadian Press that the Crown corporation has raised the idea with its board and expects to announce something within the next six months.
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