OSFI – Stress Test Review
Office of the Superintendent of Financial Institutions (OSFI) Idea of Stress Test Switching The Office of the Superintendent of Financial Institutions (OSFI) first floated the idea of switching from its current “stress…
Risk of Higher Borrowing Costs
Office of the Superintendent of Financial Institutions states higher risk ahead. For consumers, higher borrowing costs create mortgage challenges. Home prices in Canada rose steadily for years with few price…
OSFI: Growth in home equity loan volume slowest since 2016
Canada’s balance of loans secured by home equity saw a miniscule 0.58% annual increase in August, which was the lowest year-over-year upswing since 2016, according to filings at the Office of the…