October 3, 2018

CMHC Stress Test checks out!

By phy6

The CMHC completed a successful stress test on Oct 2, 2018. If you feel they’ve covered all the important scenarios, we’re in good shape.

6ix scenarios tested:

  1. Financial stress
  2. Sustained low oil price
  3. Global trade war
  4. Cyberattack on Canadian financial institutions
  5. Earthquake
  6. Major volcanic eruption

See full results at the link:
CMHC Stress Testing Shows it is Well Capitalized and Able to Withstand Extreme Scenarios
CMHC Stress Test