Stress Test

• Mortgage stress test to remain unchanged in Canada

  The stress test for both insured and uninsured mortgages in Canada remains unchanged, the country's banking regulator and finance minister confirmed.

  Money

  Dec 12, 2023
  
• 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.

  Consumer

  Aug 16, 2023
  
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• Banking regulator launching consultations on mortgage stress test as debt risks rise

  OFSI says that while the mortgage stress test has been helpful, more measures might be needed to reduce lending risks as debt-service levels surge.

  Economy

  Jan 12, 2023
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• Ontario, B.C. headed for buyer’s market despite high interest rates: RBC housing report

  Canada'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.

  Consumer

  Dec 16, 2022
• Iveson provides mortgage stress test relief ideas ahead of February report

  Edmonton Mayor Don Iveson thinks an environmental argument could be one thing to convince Ottawa to change the mortgage rules for Alberta.

  Canada

  Jan 8, 2020
• November home sales in Regina take significant dip compared to 2018

  November home sales in Regina dropped by 21.2 per cent when compared to the same period last year.

  Consumer

  Dec 5, 2019
• Edmonton city council to urge 5 federal leaders to reconsider mortgage stress test

  On 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."

  Politics

  Sep 11, 2019
• Greater Vancouver’s real estate board calls on Ottawa to ‘tweak’ mortgage stress test

  The board's president Phil Moore questions whether the mortgage stress test introduced last year is still needed.

  Canada

  Feb 6, 2019
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• Attainable Homes program facing new challenges as Calgary housing market drops

  Set up in 2009, Attainable Homes provides funding so people can meet the five per cent threshold for a down payment.

  Consumer

  Sep 20, 2018
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• Nearly 50% of mortgages in Alberta are up for renewal in 2018

  Nearly half of the pre-existing mortgages in Alberta are up for renewal in 2018.

  Consumer

  May 14, 2018