WP Talk

Morning Briefing: OSFI chief says mortgage-underwriting rules won’t ease


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Your WP Morning Briefing brings you a daily update of the stories we’re covering at WealthProfessional.ca including:
The head of Canada’s main banking-industry regulator won’t bow to pressure to loosen mortgage-underwriting standards in response to rising interest rates that are boosting homebuying costs.
Whether or not to ban upfront compensation paid for the sale and servicing of segregated funds and individual insurance contracts (IVICs) is now an open conversation.
Bank of Nova Scotia and Bank of Montreal are the best-looking buys, according to an analyst who tracks Canada's Big Six lenders
The regulations and high taxation imposed by federal and provincial governments mean Canada remains outside the elite nations for economic freedom.
These stories in full at wealthprofessional.ca and in our newsletters, plus: Seven in 10 small business owners expect pain from latest BoC rate hike; Mackenzie Investments unveils new funds; and how have the KYP CFRs reshaped the Canadian fund landscape?
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