Stress Test for New Mortgages is official


It is official. OSFI and the finance minister have confirmed the changes coming into affect June 1st. Here is the link to the full article.


https://www.canada.ca/en/department-finance/news/2021/05/statement-by-the-deputy-prime-minister-and-minister-of-finance-on-the-canadian-housing-market.html

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