June 13, 2018

Mortgage Outlet – In the News

Posted By: MortgageOutlet.ca

Federal Conservatives decry B-20, push for study to examine effects

Mortgage Outlet’s Principal Broker Shawn Stillman doesn’t believe Kmiec will be successful in imploring the Liberals to study the mortgage rules simply because it’s Politics 101.

“It’s unlikely he’ll be successful because government doesn’t like giving any credence to the opposition,” said Stillman. “They could have the best answer but they’ll never say ‘You’re right.’ If they believed it was an issue, they’d say ‘no’ to his suggestion and bring up their own motion a few weeks later.”

Also unlikely, he added.

“I truly believe the Liberal government doesn’t believe it’s an issue. They don’t see any real downside, although I think the Liberal loss in Ontario definitely shows there’s a downside.”

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