The Office of the Superintendent of Financial Institutions (OSFI) said it could implement stricter mortgage market rules during the next few weeks. OSFI decided to postpone final introduction of the Basel III reforms by one quarter. According to its recent letter to the industry,...

According to former central bank’s governor Stephen Poloz, government spending and stimulus haven’t caused today’s sharp inflation growth. “I don’t think it’s true,” – he said during a recent interview on CTV. “Moreover, the stimulus actually kept the national economy from falling into a...

Financial markets are withdrawing their bets on central banks interest-rate increases, as worries over inflation were replaced by fears over a new coronavirus strain and its potential to slow down economic growth. Traders have rushed to postpone the timing of the first possible 0.25%...

Canadian real estate prices are expected to go up again in the nearest future, as first-time buyers and investors hurry before future rate increases. They ignore the central bank’s warning about a strong risk of a sharp prices decline. The Bank of Canada Deputy...

According to Peter Routledge, head of the Office of the Superintendent of Financial Institutions (OSFI), residential mortgage credit risk was up only slightly. The statement appears amid sharp home prices gains, which reported a 23% annual increase last month on a seasonally adjusted basis...