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Ottawa’s mortgage changes will be a ‘double-edged sword,’ TD economist warns - National | Globalnews.ca

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80% Informative

TD Bank economist Rishi Sondhi says Ottawa 's proposed mortgage changes are a double-edged sword.

He says the proposed changes may boost affordability for first -time homebuyers, but could also stoke vulnerabilities in the Canadian economy.

The Liberal government plans to expand the availability of 30-year amortizations to all first time buyers and on all new builds, as well as to raise the price cap for insured mortgages to $1.5 million , up from $1 million today .

VR Score

84

Informative language

83

Neutral language

88

Article tone

semi-formal

Language

English

Language complexity

52

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

Source diversity

1

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