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:

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