You must make sure when telling the agent at the bank that is doing your deal that you do not want to pay multiple CMHC fees. If they over look thsi it will costs you thousands. If done correctly, you will only pay CMHC fees on the difference between the new and current mortgage being PORTED.

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So, if you buy a house with less than 25% down payment, you have to pay for mortgage insurance provided by cmhc, aig or genworth (ge). however, my lender has added "life insurance" to the tune of $237 per month onto my monthly payment, and it is wholly separate from the mortgage insurance. is this compulsory? i see no clause for opting out of it. i can get far superior life insurance through my employer for only $83/month. do i have to go with the lenders??

It's not compulsory, and they are by rights supposed to clearly indicate that on the paperwork. You are correct that the insurance is a bad deal, it's some of the highest insurance going, and costs the same each month whether you pay down the debt or not, yet only pays the mortgage owing at time of death. Bad deal.