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Urgent News Updates
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Urgent Updates
07/05/2021
Our Response to CMHC Mortgage Underwriting Criteria Update
Effective July 5, 2021, CMHC is returning to its pre-July 2020 underwriting practices for homeowner mortgage loan insurance.
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06/09/2021
Latest Issue of PERSPECTIVES Out Now
Watch your mailbox and inbox for the official magazine of Canada's mortgage industry.
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05/07/2021
Our Letter to OSFI
Letter to OSFI re Proposed change to B-20 uninsured mortgage minimum stress test level.
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04/20/2021
Reaction to Federal Budget 2021
Our top takeaways from the 2021 Federal Budget.
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04/08/2021
OSFI Proposes More Stringent Stress Test
OSFI reopens consultations on Guideline B20, proposes qualifying floor of 5.25%.
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04/07/2021
A Message from CEO: housing price increases and possible policy responses
A message from Paul Taylor.
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03/29/2021
MPC's Lobbying Efforts Recognized by The Hill Times
Hill Week 2021 featured in "Pre-budget pitches, virtual ‘Hill days’ push February lobbying" article.
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03/25/2021
Annual State of the Residential Mortgage Market in Canada: 2020 Report Now Available
Today we proudly release the “Annual State of the Mortgage Market in Canada”, written by our Chief Economist Will Dunning.
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03/01/2021
NOTICE: Changes to Regulation of Syndicated Mortgages in NS in Effect Today
Mortgage brokers in Nova Scotia, please be aware of these legal changes in the event any mortgage activities involving you are subject to the new securities law requirements.
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02/10/2021
Fifth "Rapidly Evolving Expectations in the Housing Market" Report Released
Tracking shifts in Canadians’ expectations about the housing market.
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01/29/2021
Q4 2020 Housing Market Digests Released
A snapshot and trend analysis of the Canadian - and respective regional - housing markets is now available for Q4 2020.
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12/16/2020
Fourth "Rapidly Evolving Expectations in the Housing Market" Report Released
Tracking shifts in Canadians’ expectations about the housing market.
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10/28/2020
Third "Rapidly Evolving Expectations in the Housing Market" Report Released
Tracking shifts in Canadians’ expectations about the housing market.
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09/14/2020
Second "Rapidly Evolving Expectations in the Housing Market" Report Released
Tracking shifts in Canadians’ expectations about the housing market.
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08/25/2020
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).
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08/24/2020
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)
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08/06/2020
New Consumer Report from MPC looks at the Rapidly Evolving Expectations in the Housing Market
Tracking shifts in Canadians’ expectations about the housing market.
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07/20/2020
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.
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07/15/2020
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”
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06/17/2020
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.
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