Canadian Mortgage Rules
Changing regulations in Canada’s mortgage market Since 2008, the federal government has made several changes to the rules for mortgages insured through the Canada Mortgage and Housing Corporation (CMHC) and…
Home sales plunge, prices still holding up.
Housing cools Canada's housing market continues to cool markedly, with sales plunging 17.4 per cent in December from a year earlier. Prices, however, still held up, with a gain of…
Canada Banks Told Relying on Rules Isn’t Risk Management
Canada Financial Institution need to assume responsibility for managing risks in lending to households and shouldn’t rely on regulators to avoid hazards, the head of regulation at the country’s banking watchdog…