Latest / Toronto Today with Greg Brady
Should Canada ditch the mortgage stress test?
Greg (@GregBradyTO) speaks with Dr. Eric Kam, Economics Professor at Toronto Metropolitan University, about Canada's real estate market experiencing a slow summer, despite interest rate cuts. This has prompted some in the industry to call for an end to the stress test – a tool that determines whether a person can qualify for a mortgage. But would it be a good idea?
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The skinny
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