Dec 13, 2019, 14:28 PM by User Not Found

Today, Prime Minister Justin Trudeau released his Mandate Letter to Minister of Finance Bill Morneau. One of the prime minister’s stated priorities is that his minister must “review and consider recommendations from financial agencies related to making the borrower stress test more dynamic.” Our board, staff, and a roster of members who joined us in Ottawa for our meetings have spoken, and been heard. Indeed, this month in Ottawa, members of MPC’s senior staff met with policymakers to discuss housing policies under a new minority government situation. All were receptive to reviewing the stress test mechanism based on recommendations and testimony MPC presented through 2019; today’s announcement by Prime Minister Trudeau is proof positive of our efforts.