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      Tag Archive: stress test

      The Mortgage Stress test has gone up. What’s that mean?

      That’s right folks, as of June 1st 2021 the Canadian Mortgage stress test has gone up from 4.79% to 5.25%.  To understand this and its consequences we first must make sure we know what the ‘stress test’ is. The ‘stress test’ is a measure put in place by the OSFI (Office of the Superintendent of …more