They have the Canadian Mortgage and Housing Corporation (CMHC), the same people who currently provide mortgage insurance. In their original 1945 mandate, they were responsible for building housing for returning war veterans, as well as loans to purchase them. It was only later, in the 1980s, that the building part was dropped and they took up their current role.
So the federal government has the option of returning the CMHC to its original mandate.
It makes sense to me. Intent matters a lot in contract law. As long as it’s unambiguous that the parties intended to accept the contract, it shouldn’t really matter what form that acceptance takes.
They have the Canadian Mortgage and Housing Corporation (CMHC), the same people who currently provide mortgage insurance. In their original 1945 mandate, they were responsible for building housing for returning war veterans, as well as loans to purchase them. It was only later, in the 1980s, that the building part was dropped and they took up their current role.
So the federal government has the option of returning the CMHC to its original mandate.