CMHC defends mortgage stress test changes amid calls for loosening rules – Haida Gwaii Observer
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QUEBEC — A Quebec City hospital says two men who were injured in a deadly mosque attack are still in critical condition, but two others have been stabilized. Six men were killed and 19 others injured.
Canada Mortgage and Housing Corporation (CMHC) has defended mortgage stress test rules and warned federal policymakers to hold the line amid calls from industry associations to ease the rules. "My job is to advise you against this reckless myopia and protect our economy from potentially tragic.
Mortgage stress-test rules will make switching lenders harder, critics say Open this photo in gallery: People visit an open house for sale in Toronto, Friday July 14, 2017.
LONDON, Ont. – A joint funeral is to be held today for a six-year-old girl killed in a car crash at a London, Ont., Costco and a baby her mother delivered by emergency C-section after the collision.
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The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed. CMHC president Evan Siddall says in a letter to the parliamentary standing committee on finance that the new measure is working as intended to lower house prices.
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