(Bloomberg) — The days when Canada’s banks could offload much of the risk of underwriting mortgages onto taxpayers may be drawing to a close.Canadian Finance Minister Bill Morneau disclosed plans Monday to begin consultations on sharing the risk of mortgage default with the country’s lenders. The move was part of a package of measures designed to stabilize the housing market after years of soaring prices in Vancouver and Toronto.While it’s not clear what form that risk-sharing will take — a deductible on mortgage insurance may be one option — any move will likely require Canadian …
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