This page is under construction
Launching an Insured Mortgage Purchase Program
As part of Canada’s COVID-19 Economic Response Plan, the Government of Canada has launched a revised Insured Mortgage Purchase Program (IMPP). Under this program, the government stands ready to purchase up to $150 billion of insured mortgage pools through CMHC. This action will provide stable funding to banks and mortgage lenders in order to ensure continued lending to Canadian businesses and individuals.