Getting a Mortgage When You're New to Canada - Dominion Lending Centres

Author: B G Financial Corp. | | Categories: Canadian Group Benefits , Debt Consolidation , Disability Insurance , Employee Critical Illness Plans , Financial Advisors , Financial Planners , First Time Home Buyer Mortgage , Fixed Mortgage , Fixed Mortgages , Group Plan Marketing , Life Insurance Agent , Life Insurance Broker , Life Insurance Quotes , Mortgage Broker , Mortgage Insurance , Mortgage Payment , Mortgage Pre-Approval , Mortgage Rates , Mortgage Refinance , Permanent Life Insurance , Term Life Insurance , Travel Insurance , Universal Life Insurance , Variable Mortgage , Whole Life Insurance

Canada has seen a surge of international migration over the last few years. In 2019, we welcomed a total of 313,580 immigrants to the country! This is an increase of 40,000 individuals when compared to 2017 numbers.

New to Canada Mortgages

According to planned immigration levels, it is estimated that Canada will receive 341,000 permanent residents in 2020. In 2021, we are expecting 351,000 and 361,000 in 2022. Federal Immigration Minister, Marco Mendicino, stated that by 2022, “the year’s new permanent residents in Canada will account for one per cent of the population”.

CLICK HERE TO READ THE FULL ARTICLE »

READ MORE BLOG ARTICLES