AIG today announced that they will follow the Finance department suggestions as of October 15th, 2008.
"We view this as a prudent approach taken by the government to support the long-term health and sustainability of the Canadian housing market," said Andy Charles, president of AIG United Guaranty Canada. "We support this direction and will amend our product line-up to reflect the new policy set out by the Department of Finance, commencing October 15, 2008, for all government guarantee mortgage insured loans."
Another one falls in line
July 18, 2008 | 5 : 26 PM





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