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Daily Archives: April 8, 2021
Pressure on OSFI to cool Canadian property market
The Office of the Superintendent of Financial Institutions (OSFI) will launch a new consultation on the stress test Thursday with the goal of determining whether changes are needed to the framework that dictates whether or not borrowers can qualify for … Continue reading
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Millions tumble out of the global middle class
Even as many global stock and commodity markets have rebounded above pre-pandemic levels in recent months, economic recovery is far from globally synchronous. Costs of the pandemic and worst economic downturn since the 1930s are continuing to compound. The emergence … Continue reading
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