My Mortgage Blog — Latest Posts
The Upside of Alternative and/or Unregulated Lenders
A recent report from the Bank of Canada reviewed the impact of the government's policy changes on the mortgage market. It found that overall market activity had slowed -- something we knew would...
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Bank of Canada increases overnight rate target to 1 1/4 per cent
FOR IMMEDIATE RELEASEOTTAWA – The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per...
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Government Implements Tax Fairness Measures
Minister Morneau'sannouncementregarding the tax treatment of passive investments for small businesses indicates that he is once again listening to our collective concerns. The government is following...
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OSFI Publishes Final Guideline B-20
The Office of the Superintendent of Financial Institutions Canada (OSFI)publishedthe final version of itsGuideline B-20. The revised Guideline, which takes effect January 1, 2018, applies to all...
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