Canada should revisit mortgage rules as housing cools, CIBC says

http://bit.ly/2UFGEW8
While the new rules had the desired effect of improving overall credit quality, it has also led more borrowers into the unregulated sector for financing, resulting in a significant market-share increase for alternative lenders, says deputy chief economist Benjamin Tal.

from Toronto Star | BUSINESS | REAL_ESTATE http://bit.ly/2VJrH1I
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