new mortgage rules Canada

Is Canada’s Mortgage Stress Test Ending? A Closer Look at OSFI’s Groundbreaking Proposal

Canada’s housing market could be on the brink of a major shift as the Office of the Superintendent of Financial Institutions (OSFI) considers overhauling the mortgage stress test. Instead of assessing individual borrowers, the proposed changes would introduce a portfolio-level risk management approach for lenders. This shift represents a fundamental change in how mortgage lendingContinue reading “Is Canada’s Mortgage Stress Test Ending? A Closer Look at OSFI’s Groundbreaking Proposal”