Office Of The Superintendent Of Financial Institutions
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Canada’s banking watchdog raises key buffer for banks amid economic fearsThe Office of the Superintendent of Financial Institutions raised a key capital buffer for Canada's biggest lenders ahead of what it said were growing economic risks.EconomyJun 20, 2023
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Mortgage stress test remains unchanged. What that means amid higher interest ratesThe regulator in charge of Canada's mortgage stress test announced Thursday it will leave the qualifying standard where it is amid current high rates and economic uncertainty.EconomyDec 15, 2022
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Edmonton sees growth in population, disposable income, new housing inventory: CMHC“Overall, the number of new completions coming into the market is outpacing demand,” CMHC senior analyst James Cuddy said of the Edmonton real estate market.EconomyMay 2, 2019
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Calgary new home buyers moving to condos, ‘more affordable options’: CMHCIt's still a buyer's market in Calgary real estate, but the CMHC's latest assessment showed that more Calgarians are moving to condos with demand picking up for more affordable options.CanadaMay 2, 2019
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Economic factors preventing Edmontonians from home ownership: CMHCHigh unemployment, high interest rates and low disposable income are preventing more Edmontonians from buying a home and are turning to renting instead.CanadaFeb 7, 2019
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Overbuilding, especially condo apartments, is still a problem in Calgary: CMHCTough economic conditions are continuing to impede Calgarians from home ownership, as more completed units remain unsold, a CMHC assessment said.CanadaFeb 7, 2019
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Buyer’s market in Calgary real estate expected to last past 2019, board saysIn their 2019 economic and housing forecast, the Calgary Real Estate Board expects housing prices to fall by more than two per cent and Calgary to remain a buyer's market into 2020.EconomyJan 30, 2019
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Credit unions no longer allowed to use ‘banking’ termsOSFI rules would restrict the use of key words like “bank,” “banker,” or “banking” by non-bank financial service providers like credit unions.MoneyJul 24, 2017
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