Has The Mortgage Stress Test Worked ?

With Record Level Debt in Canada - Has the Mortgage Stress Test Worked ? We look at what the stress test is and why it was implemented. 

• DTI - debt to income ratio - Canadians owe $1.84 for every $1 they earn

• debt levels across all age brackets 
• changes being made to the stress test 
• what happens when renewals come in in 2024-2025

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