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What Event Allowed U.S.-Style Subprime Mortgages into Canada

Question 59

Multiple Choice

What event allowed U.S.-style subprime mortgages into Canada?


A) The Canadian government allowing U.S. companies into the Canadian mortgage insurance market.
B) Lobbying by Canadian financial institutions.
C) Changes to the Bank of Canada's role in financial regulation.
D) CMHC relaxing regulation on the mortgage market.

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