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Home : Home Mortgage Loan : Interest Only Mortgage Loan : MSN Newsfeeds : UPDATE 3-Canada buys C$5 bln in mortgages from banks - Reuters

UPDATE 3-Canada buys C$5 bln in mortgages from banks - Reuters

OTTAWA, Oct 16 (Reuters) - The Canadian government bought C$5 billion ($4.2 billion) of mortgages from financial institutions on Thursday, giving them more cash to make loans and try to overcome the severe constraints in global credit markets. Ottawa ...
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