Tag: Better Dwelling
-
Quantitative Sleaze –
Quantitative Sleaze – How The Bank Of Canada Mislead Politicians On Real Estate & QE ExternalInbox By Peter Sunwasi Canada’s central bank head piqued the interest of economists, and not because of his dazzling personality. Speaking to lawmakers, the Bank of Canada (BoC) Governor Tiff Macklem explained quantitative ease (QE) has no impact on housing. He further explained…
-
Canadian Banks Begin Circumventing Mortgage Stress Test
A new mortgage stress test? Don’t bother me with those peasant details. After Canada’s property bubble attracted global criticism, they announced tighter mortgage lending. On April 8, the Office of the Superintendent of Financial Institutions (OSFI) said they would make the stress test harder. By the following Monday, the first bank launched a pilot mortgage…