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Showing posts with the label Sharia mortgages

“I am a Canadian, free to speak without fear, free to worship in my own way, free to stand for what I think right, free to oppose what I believe wrong, or free to choose those who shall govern my country. This heritage of freedom I pledge to uphold for myself and all mankind.” ~~ John G. Diefenbaker

Finance department rushed plan for Sharia mortgages despite warnings (Western Standard)

Federal officials pushed to approve Islamic-compliant home loans despite repeated internal warnings that the proposal was unworkable, according to newly released Access To Information records. Blacklock's Reporter says emails reveal the Department of Finance wanted to move “extremely fast” on Sharia-compliant mortgages in the months leading up to the April 28 election, despite concerns from the Canada Mortgage and Housing Corporation ... ... CMHC staff said Finance was so eager to approve halal loans that it considered announcing the plan before evaluating its feasibility ... CLICK HERE for the full story

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