Ontario Wants Foreign Housing Investment: Finance Min.

The video discusses sweeping changes to mortgage insurance regulations in Canada, focusing on Ontario's housing market. Ontario Finance Minister Charles Souza talks about the need for banks to share more mortgage risks and the impact of foreign investment on housing demand. The discussion also covers economic growth, housing affordability, and the potential implementation of a vacancy tax. Differences between Toronto and Vancouver's housing markets are explored, highlighting the need for data to understand foreign investment impacts.

What is the significance of banks having more 'skin in the game' regarding mortgage risks?

What are the potential impacts of interest rate volatility on the housing market in Ontario?

How does the Ontario government plan to attract more foreign direct investment?