Mortgage Professionals Canada announce new consumer advocacy campaign

TORONTO, April 25, 2017 /CNW/ – Today, Mortgage Professionals Canada launched a new web-based consumer advocacy campaign and website www.tellyourmp.ca to support its ongoing efforts to inform and educate Members of Parliament (MP) about the negative impacts of the federal government’s changes to mortgage insurance and eligibility. The association has been very active in lobbying the federal government to make reasonable, common-sense changes to the new rules, and is now seeking assistance from middle- class Canadians to have their say by letting the government know how they have been affected by the changes.

“Our members are working with and seeing directly that many Canadians are frustrated by the impacts of these changes and are looking at ways to reach out to the government directly,” said Paul Taylor, President and CEO, Mortgage Professionals Canada.  “Our goal with this grassroots campaign is to make it incredibly easy for Canadians who have been disadvantaged by the changes to send a message to their local MP to build support for affordable homeownership.”

Mortgage Professionals Canada encourages anyone who has been negatively impacted by these changes to visit www.tellyourmp.ca to send a letter to your MP.  The association’s members have been extremely active in lobbying local MPs about the negative impacts the changes are having on housing activity in Canada and the additional costs that are being placed on the Canadian middle class through higher rates and reduced purchasing power.

Many middle-class Canadians are already paying thousands more over their mortgage term in interest payments and many first-time buyers are unable to qualify for a mortgage. Real people are being detrimentally affected by these changes which is why Mortgage Professionals Canada is calling for the government to make some reasonable and common sense adjustments to the recent changes. Mortgage Professionals Canada has presented recommendations to government regarding the new rules which will help government meet their goals while softening the negative impacts on Canadians.