CMHC defends mortgage stress test changes amid calls for loosening rules – Bashaw Star

Single on Valentine's Day? Don't worry, we. – Bashaw Star – CMHC defends mortgage stress test changes amid calls for loosening rules Uninsured borrowers must now show they could service their mortgage if rates rose two per cent School bus crash in Edmonton sends 12 to hospital, 2 with broken bones

CMHC says new mortgage rules are shrinking the size of the insured housing market Business is dropping because mortgages are now harder to get, but the quality of loans is improving

CMHC defends tougher mortgage stress tests amid calls for. – The Canada Mortgage and Housing Corporation is defending the mortgage stress test amid calls for the measure to be changed. CMHC president Evan Siddall says in a letter to the parliamentary standing committee on finance that the new measure is working as intended to lower house prices and protect Canadians from borrowing too much money.

BEIJING — China’s environment ministry said Sunday that it had sent inspectors to Beijing and other areas of the country to inspect polluting industries and check construction sites amid a spell of.

TORONTO — Canada’s largest chain of movie theatres says it set a record for attendance in the first quarter thanks in part to the continued interest in the "Star Wars" saga and a strong February.

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The NBA banned golden state warriors part-owner mark stevens from attending any league games or team activities for one year and fined him US$500,000 after he pushed Toronto’s Kyle Lowry during a game on Wednesday night.

Two people were taken to hospital after a vehicle crashed into a patio in the Port Credit area in Mississauga Thursday afternoon. Two vehicles collided near Lakeshore Road East and Stavebank Road.