Spoiler Alert: Has OSFI Shelved a Key Mortgage Proposal?

On Thursday, Canada's banking watchdog decided to throw some light on its looming mortgage policy changes.

OSFI hinted that one major mortgage underwriting restriction may not come to pass after all. If that proves true, the mortgage industry could breathe a bigger sigh of relief than a politician after a successful cover-up.

Here's what the regulator said...

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