Why is the Department of Finance implementing these new changes?
These new regulations are aimed at protecting the financial security of Canadians and supporting the long term stability of the housing market in Canada.
Please see the following link on how they may affect you and we welcome your inquiry if you want to take a Stress Test: https://www.mortgagekw.com/wp-content/uploads/2016/10/MCC_changeofspace_newrules_Oct13_2016.pdf