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Flaherty to toughen mortgage rules

<br>Finance Minister Jim Flaherty is set to impose new rules aimed at preventing homebuyers from getting in over their heads with mortgage debt. <br><br> Finance Minister Jim Flaherty will announce new rules Tuesday aimed at preventing homebuyers from getting into financial difficulty when mortgage rates rise, CBC News has confirmed.<br><br>

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Finance Minister Jim Flaherty is set to impose new rules aimed at preventing homebuyers from getting in over their heads with mortgage debt.

Finance Minister Jim Flaherty will announce new rules Tuesday aimed at preventing homebuyers from getting into financial difficulty when mortgage rates rise, CBC News has confirmed.