It's final. The OSFI B-20 rules come into affect on January 1, 2018, stated the news release on Tuesday October 17 by the Office of the Superintendent of Financial Institutions Canada confirmed. "The changes to Guideline B-20 reinforce OSFI’s expectation that federally regulated mortgage lenders remain vigilant in their mortgage underwriting practices. The final Guideline focuses on the minimum qualifying rate for uninsured mortgages, expectations around loan-to-value (LTV) frameworks and limits, and restrictions to transactions designed to circumvent those LTV limits." - OSFI

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