RBC Economics Research has released their commentary on the announcement by the Office of the Superintendent of Financial Institution (OSFI) as part of final revisions to "Guideline B-20" on residential mortgage underwriting and procedures.
To view RBC's report click on the following link:
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/housing_OSFI_Oct2017.pdf
To view RBC's report click on the following link:
http://www.rbc.com/economics/economic-reports/pdf/canadian-housing/housing_OSFI_Oct2017.pdf