Real Estate

Canada's OSFI outline strategy that will ensure stable financial and real estate sectors, although hurting investors and homeowners in short run

Analyst Commentary, Matthew Bovencamp: The Office of the Superintendent of Financial Institutions (OSFI) released their planning and priorities report for 2012-2015 outlining the continued strategy of risk mitigation. The document outlines a number of strategies and actions the OFSI is planning to implement over the next few years.

Major Canadian banks tighten condominium lending rules from the direction of regulators in an effort to cool residential markets

Analyst Commentary, Matthew Bovencamp: The Office of the Superintendent of Financial Institutions (OFSI) recently advised Canada’s major banks to be more careful in their lending practices and who they lend money to. The OFSI is concerned about a possible overheated market in parts of Canada, specifically Vancouver and Toronto Condo markets.