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Real estate sector likely relieved after OSFI response on mortgage proposals: expert | iNFOnews

TORONTO - The real estate industry is likely breathing a sigh of relief after Canada's banking regulator signalled it might not move ahead with some proposed tightening of its mortgage lending rules, says one mortgage expert.
Robert Mclister Sammy Hudes Adrien Veczan Office Of The Superintendent Financial Institutions Bay Street Publication Date October
Source: infotel.ca

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OSFI raises capital requirements for big banks to 3.5% amid higher debt levels | iNFOnews

OTTAWA - Canada's financial regulator is raising the amount of capital the country's major banks need to have on hand to cover potential losses as it says financial system vulnerabilities remain elevated and in some cases have continued to increase.
United States Peter Routledge Adrien Veczan Office Of The Superintendent Financial Institutions Signature Bank First Republic Bank
Source: infotel.ca

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