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ETFs Surged Past $500 Billion Last Year as Canada Firms Rode U.S. Stock Rally
Is easing the stress test criteria able to reduce the economic burden on Canadian home buyers, amidst the increasing difficulty of renewal procedures?
Regulatory institutions plan to officially notify the banking industry in November that uninsured mortgage loans will be 'directly transferred' to new financial institutions, eliminating the need for new lenders to assess borrowers using the minimum qualifying rate stress test.