CMHC defends mortgage stress test changes amid calls for loosening rules – Coast Mountain News

The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from . . .

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CMHC defends mortgage stress test changes amid calls for loosening rules May 23rd, 2019 updated The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the.

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The CEO of Canada Mortgage and Housing Corporation is forcefully defending mortgage stress test rules and warning federal policy-makers to hold the line amid calls for softening the measure from industry associations. "My job is to advise you against this reckless myopia and protect our economy from.

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OTTAWA – The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed. President Evan Siddall says in a letter to the Standing Committee on Finance that the new measure is working as intended to lower house prices and protect Canadians from borrowing too much money.

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