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Smith Manoeuvre In A Financial Plan & The New OSFI Rules (Canadian Financial Summit 2023)
The Smith Manoeuvre is an efficient strategy to use your home equity to invest for your future without using your cash flow, while converting your mortgage into a tax-deductible debt.
If you do the Smith Manoeuvre, understanding the new OSFI mortgage rules is crucial.
In this podcast episode with Barry Choi, I break down what the changes mean and how they impact your strategy.
You'll learn:
What is the Smith Manoeuvre?
What are the new OSFI mortgage rules?
How will they affect the Smith Manoeuvre?
What is the formula in the rules?
Examples of the effect.
Effect on monthly investment.
Best &…
The skinny
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