
Editor’s pick article


CMHC’s Siddall on the Hotseat: Commentary – Part I
If you thought Parliament’s hearings on the new mortgage rules was boring, you missed last week’s exchange between MP Ron Liepert and CMHC head, Evan Siddall. This

We Get What We Quietly Accept
“Keep calm and carry on” You’ve probably lost count of how many times you’ve heard that stale motivator after last week’s mortgage rule travesty. Brokerage heads are

B.C.’s Isolationist Tax
The B.C. government’s “blame non-resident homeowners” campaign is now officially out of control. Provincial leaders have just molested international homebuyers with a savage 15% land

Insurer CEO on Raising Down Payments
I had a chat with Canada Guaranty CEO Andy Charles today. Like most industry leaders, he’s concerned with maintaining stability in Canada’s high-value housing markets. As a

Lifting Covered Bond Issuance Limits. It’s Time
As we like to say around here, it’s good to be a bank. Reason #188 (or whatever number we’re up to now) is covered bonds.

New Capital Regs Coming This November
The cost of funding a mortgage is going up again, thanks to new federal regulations due this fall. Canada’s banking regulator (OSFI) announced Friday that

Gender Bias With Down Payments
One in four British Columbia parents have bankrolled part of their child’s home purchase, and they’ve done it through down payment assistance. In fact, down payment

Manulife Enters the Broker Space
After months of preparation, Manulife Bank officially entered the broker channel today. It is a major win for brokers and the bank alike. The former

Direct-to-Consumer Marketing in the Spotlight
Certain mortgage brokers almost take it personally when a broker channel lender competes against them. They condemn lenders who keep their best specials for in-house