It’s official, Jim Flaherty has resigned as finance minister as of yesterday, his replacement, Joe Oliver, was sworn in today. Joe Oliver’s previous role was in the Natural Resources sector, now he is moving to finance minister. Therefore there are two new changes to two important sectors in government, Greg Rickford being his replacement for Natural Resources.
The new finance minister, Joe Oliver, has previous experience working on Bay street as an investment banker. Based on his past experiences, we can all breathe a sign of relief for now and hope he implements fair changes to the mortgage/finance world.
Big news in the mortgage world and we will keep you all posted if there are any new mortgage rules/changes that come into affect with Joe being in office.
Contact Robert Clancy today to get your pre-approval to qualify for mortgage financing!