If the Canada Mortgage and Housing Corporation (CMHC) were to create a new mortgage securitization program, it would encourage a more vibrant market for the financial instrument and open up more home financing options, according to one financial executive.
Plazacorp has filed an IPO to raise between $60 and $75 million in equity to assist in funding its proposed Willowgrove development in Markham and Stouffville, just north of Toronto.
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