What’s to Come for Canada’s Mortgage Stress Test?
Is reform coming to Canada’s mortgage stress test in 2020?
The Canadian B-20 Guidelines have received mixed reviews since launching an update that included uninsured mortgages in January 2018, with critics saying they have created more of a wealth gap. Nevertheless, many agree that regulation is necessary.
Will we see a change to the stress test in the new year? We explore analysis about the possibilities on the Purview blog.
See the insights here: https://www.purview.ca/will-b20-regulations-change/