Bank of Canada publishes report on monetary policy framework consultations

The Bank of Canada today published a report summarizing the feedback it received from stakeholders and the Canadian public during consultations on its monetary policy framework.

Our take: Live BoC release. Read the primary source before changing offer discipline or leverage assumptions.

In your underwriting: Re-check DSCR and stress payment against the current BoC 5-year mortgage series before waiving financing.

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