Personalize Your Blog Reading Experience Choose your preferred content version Introduction: Homeownership in Canada is undergoing turbulence due to pivotal financial tweaks by entities like the Bank of Canada (BoC). These changes, crafted to stabilize the economy and control inflation, ...

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Recently, the Office of the Superintendent of Financial Institutions (OSFI) has been considering implementing new restrictions on loan-to-income (LTI) and debt-to-income (DTI) ratios in an effort to limit total leverage for households. These changes, if implemented, could have a significant ...

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