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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Home News From the Regulators CMHC ceo defends mortgage stress test changes amid calls for loosening rules CMHC CEO defends mortgage stress test changes amid calls for loosening rules "The stress test is doing what it is supposed to do," CEO Evan Siddall wrote to parliamentarians

CMHC head defends stress test against ‘reckless myopia’. Latest news In Economic. Small biz sentiment recovers in July. Improved sentiment was widespread, but the outlook by industry was mixed. Business Solutions. Transcontinental Media G.P 1100 Ren-Lvesque Blvd W.

CMHC defends stress test – Business 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. May 23. bookmark_border. share. more_vert. Mortgage Broker News.

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 · CMHC head issues sharp defence of mortgage stress test as calls grow to loosen rules ‘Critics of the stress test ignore the fact that high house prices are.

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