With COVID-19 causing financial uncertainty for many Canadians, the Federal Government recently announced that all the big banks may be able to offer assistance to borrowers who currently have mortgages with them. The only thing is, there is no guidelines and everythin...

As we continue to navigate the fallout that the COVID-19 pandemic has inflicted on our day-to-day lives, we wanted to provide some information and resources as it relates to your mortgage and personal finance.

Changes will be coming to how the mortgage stress test is applied to insured and potentially insurable mortgages on April 6th, 2020.  Currently, all mortgages are subjected to a stress test where applicants must be able to afford the monthly payments of a mortgage wit...