Federal Matters 

Second "Rapidly Evolving Expectations in the Housing Market" Report Released

Tracking shifts in Canadians’ expectations about the housing market.

MPC Submits Letter to OSFI Requesting Extension of Capital Provisions

Letter submitted to Jeremy Rudin, Superintendent at the Office of the Superintendent of Financial Institutions (OSFI).

MPC Provides Testimony to HUMA Committee

MPC provides expert testimony to House of Commons Standing Committee on Human Resources, Skills and Social Development and the Status of Persons with Disabilities (HUMA)

MPC Announces its Pre-Budget Recommendations to the Federal Government

Immediate focus is ensuring changes to the mortgage stress test qualifying rate, as announced, are implemented without delay.

New Consumer Report from MPC looks at the Rapidly Evolving Expectations in the Housing Market

Tracking shifts in Canadians’ expectations about the housing market.

New Proposed Changes to the Canada Emergency Wage Subsidy (CEWS) Program

Changes to the CEWS program to provide more employers with access to subsidy funds.

Bank of Canada Holds Overnight Rate at 0.25%

Bank of Canada “will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing”

Canada Emergency Response Benefit (CERB) Extended Another Eight Weeks

CERB will now provide taxable payments of up to $500 a week for a maximum of 24 weeks, up from 16 weeks.

No Changes to Canada Guaranty's Underwriting Policy

The company confirmed that no changes to it's underwriting policy are contemplated as a result of recent industry announcements.

No Changes to Genworth's Underwriting Policy

Genworth MI Canada Inc. confirms that it has no plans to change its underwriting policy related to debt service ratio limits, minimum credit score and down payment requirements.

CMHC Announces Changes to Mortgage Insurance Underwriting and Acceptance Criteria

Changes for new applications for homeowner transactional and portfolio mortgage insurance, effective July 1.

FINA Presentation on COVID-19

CEO Paul Taylor and Chair Elaine Taylor presented to the House of Commons Finance Committee about the Federal Government’s Response to the COVID-19 Pandemic.

MBRCC Forms COVID-19 Working Group

MBRCC forms COVID-19 working group to understand and respond to current and emerging issues

MPC applauds Federal Government's initial adjustment to mortgage stress test

Reaction to the announcement by Finance Minister Bill Morneau to adjust the mortgage stress test.

MPC applauds Prime Minister’s order to review the mortgage stress test

Today, Prime Minister Justin Trudeau released his Mandate Letter to Minister of Finance Bill Morneau.

Federal Election - After the Results

What the Results of the 2019 Federal Election Mean To You

Mid-Election Update and Party Promises

A Summary of Federal Party Promises Which May Affect You And Your Clients

First-Timers Finding It Hard

New report examines perceptions of Canadians aged 23-54

Report: Stress Test Impacts

Delving into impacts on Canadian economy and housing market.

Parliament Hill Advocacy

Full day of meetings with MPs in Ottawa.