Canada’s banking regulator is mulling a further tightening of mortgage rules.
A spokesman for the Office of the Superintendent of Financial Institutions told industry newsletter Canadian Mortgage Trends that it’s considering new rules that would limit banks from issuing any mortgages at all with amortizations of more than 25 years.
http://business.financialpost.com/2013/05/13/canada-mortgage-rules/https://www.facebook.com/BradHermanRealEstate?ref=tn_tnmn