Adapting to the Mortgage Stress Test
Adapting to the Mortgage Stress Test

The most recent update to the federal mortgage stress test implemented by Canada's banking regulator and Department of Finance is in place. What is the Mortgage Stress Test? The stress test was first announced in October 2017 by the Office of the Superintendent of Financial Institutions (OSFI) and came into effect on January 1,...

July 6th, 2021 | Penelope Graham