The size of the first-time homebuyer incentive that each borrower takes on is a variable that needs to be worked through as there is borrower pickup. The program parameter that we could speak to is the $1.25-billion envelope.
Director General, Capital Markets Division, Financial Sector Policy Branch, Department of Finance
The size of the first-time homebuyer incentive that each borrower takes on is a variable that needs to be worked through as there is borrower pickup. The program parameter that we could speak to is the $1.25-billion envelope.
See context to find out what was said next.