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For more information click on | OSFI Caps Mortgages for Highly Indebted Borrowers in 2025

Canada's banking regulator, OSFI, is imposing a cap on residential mortgages for highly indebted borrowers in anticipation of BOC rate cuts.Effective in Q1 2025, the new rule limits the number of mortgages a bank can issue exceeding 4.5X a borrower’s annual income.

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