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Friday, May 26, 2023

Land ownership in Caanada

Land ownership in Canada is held by governments, Indigenous groups, corporations, and individuals. Canada is the second-largest country in the world by area; at 9,093,507 km² or 3,511,085 mi² of land (and more if fresh water is not included) it occupies more than 6% of the Earth's surface. Since Canada uses primarily English-derived common law, the holders of the land actually have land tenure (permission to hold land from the Crown) rather than absolute ownership. The Crown is given permission to hold land by treaty granted by the Indigenous people of Canada.[1]

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Types of mortgage loans

Fixed-rate mortgage: The interest rate remains constant throughout the life of the loan, providing predictable monthly payments. Adjustable...