Should Canada’s Mortgage Stress Test Be Reformed? Join the Conversation
Canada’s mortgage stress test has been the subject of criticism since it came into effect on January 1, 2018.
Critics say that it has negatively influenced the Canadian housing market, while proponents say that the effects were necessary to ease Canadians’ debt burdens.
We have rounded up different viewpoints about the mortgage stress test and analyzed the debate of whether the stress test should be reformed on the Purview blog. Read the full article: https://www.purview.ca/canada-mortgage-stress-test-changes/