Author: denesetempleton

Canada – Statement by the Deputy Prime Minister and Minister of Finance on the Canadian housing market

Earlier today, the Office of the Superintendent of Financial Institutions (OSFI) announced that, effective June 1, 2021, it will implement a new minimum qualifying rate for all uninsured mortgages. May 20, 2021 – Ottawa, Ontario – Department of Finance Canada Earlier today, the Office of the Superintendent of Financial Institutions (OSFI) announced that, effective June 1, 2021, it will implement a new minimum qualifying rate for all uninsured mortgages. The Deputy Prime Minister and Minister of Finance, the Honourable Chrystia Freeland, issued the following statement: “For many Canadians, the most important investment they will ever make is the purchase of ... Read more