LTI

OSFI removes mortgage stress test on switches

OSFI eyes loan-to-income rules to replace stress test as industry weighs implications

June 7, 2025 3 Comments

Canada’s banking regulator is weighing a major overhaul to how borrowers qualify for mortgages, one that could have significant implications for banks, brokers and homebuyers alike.

OSFI warns of mortgage payment shocks as key risk to Canada’s financial system

March 14, 2025 No Comments

Canada’s banking regulator has flagged mortgage payment shocks as a significant risk to the country’s financial stability, citing the large volume of mortgages set for renewal in the coming years.

OSFI’s stress test on mortgage switches ends: What you need to know

November 20, 2024 1 Comment

Starting tomorrow, certain mortgage borrowers will find it easier to switch lenders, thanks to the removal of the requirement to qualify at a higher stress test rate.

OSFI to implement loan-to-income (LTI) restrictions

October 16, 2023 No Comments

Canada’s banking regulator confirmed today that it will no longer pursue at least several of the proposed mortgage regulations introduced earlier this year, but will move ahead with new loan-to-income restrictions for lenders.

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LTI

OSFI eyes loan-to-income rules to replace stress test as industry weighs implications

OSFI warns of mortgage payment shocks as key risk to Canada’s financial system

OSFI’s stress test on mortgage switches ends: What you need to know

OSFI to implement loan-to-income (LTI) restrictions

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