Eagle Quest Properties

The federal government’s program to buy up to $125-billion in mortgages, called the Insured Mortgage Purchase Program (IMPP), worked brilliantly, and the country’s banks weathered the crisis with few major problems and no taxpayer bailout. But some analysts are wondering whether banks have been too enthusiastic about selling their loans to Ottawa – with negative implications for their future profits.

via Ottawa’s mortgage aid may cost banks – The Globe and Mail.