October 3, 2018
CMHC Stress Test checks out!
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:
- Financial stress
- Sustained low oil price
- Global trade war
- Cyberattack on Canadian financial institutions
- Earthquake
- 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
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