Stress Test
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Mortgage stress test to remain unchanged in CanadaThe stress test for both insured and uninsured mortgages in Canada remains unchanged, the country's banking regulator and finance minister confirmed.MoneyDec 12, 2023
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Canadian home prices have stabilized. Will incomes ever catch up?The report calculated the minimum annual income needed to buy an average home in 10 of Canada's major cities and looked at how that amount rose between June and July 2023.ConsumerAug 16, 2023
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Banking regulator launching consultations on mortgage stress test as debt risks riseOFSI says that while the mortgage stress test has been helpful, more measures might be needed to reduce lending risks as debt-service levels surge.EconomyJan 12, 2023
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Ontario, B.C. headed for buyer’s market despite high interest rates: RBC housing reportCanada's big banks have raised their interest rates as the Bank of Canada has raised its key interest rate seven times since March in an effort to bring inflation under control.ConsumerDec 16, 2022
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Iveson provides mortgage stress test relief ideas ahead of February reportEdmonton Mayor Don Iveson thinks an environmental argument could be one thing to convince Ottawa to change the mortgage rules for Alberta.CanadaJan 8, 2020
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November home sales in Regina take significant dip compared to 2018November home sales in Regina dropped by 21.2 per cent when compared to the same period last year.ConsumerDec 5, 2019
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Edmonton city council to urge 5 federal leaders to reconsider mortgage stress testOn the eve of the federal campaign launch, Edmonton city council wants to ask federal leaders that, "if elected would they commit to a review of... residential mortgage underwriting practices."PoliticsSep 11, 2019
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Greater Vancouver’s real estate board calls on Ottawa to ‘tweak’ mortgage stress testThe board's president Phil Moore questions whether the mortgage stress test introduced last year is still needed.CanadaFeb 6, 2019
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Attainable Homes program facing new challenges as Calgary housing market dropsSet up in 2009, Attainable Homes provides funding so people can meet the five per cent threshold for a down payment.ConsumerSep 20, 2018
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Nearly 50% of mortgages in Alberta are up for renewal in 2018Nearly half of the pre-existing mortgages in Alberta are up for renewal in 2018.ConsumerMay 14, 2018
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