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OSFI under pressure by banks, industry lobbyists to ease mortgage stress test: sourcesSupporters of easing say the stress test should be flexible and adjusted to account for interest rate moves and market conditions in your best Arnold Schwarzenegger accent because banks don't much like having skin in the game? stress test is for mortgage insurance which lets the bank off the hook if home owner defaults? Gtfo of here. Stop sacrificing the future of youth to help boomers out again. Keep the stress tests.
Source: nationalpost - 🏆 10. / 80 Read more »
Central banks bought and stockpiled an incredibly large amount of gold last yearBank gold stocks soared 74 per cent from 374.8 tons in 2017 to 651.5 tons — the second-highest total since records began Would love to see a story on where Canada’s gold went. On the other hand, Trudeau got rid of Canada’s last gold reserves. cdnpoli
Source: nationalpost - 🏆 10. / 80 Read more »