Real Estate

ALBERTA – HOUSEHOLD CANNABIS FRAMEWORK AND LEGISLATION

The Federal Government has set a summer deadline for the legalization of Marijuana in Canada. The Senate may hold a vote by June 7th, paving the way for the passing of Bill C-45. The Alberta Cannabis Framework outlines what Albertans can expect when cannabis becomes legal in our province by summer 2018. After months of engagement with …

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NEW MORTGAGE RULES, STRESS TEST

The Office of the Superintendent of Financial Institutions (OSFI) released new guidelines for the mortgage industry on October 17, 2017. “These revisions to Guideline B-20 reinforce a strong and prudent regulatory regime for residential mortgage underwriting in Canada,” said Superintendent Jeremy Rudin. Guideline B-20 is effective January 1, 2018. The changes to Guideline B-20 reinforce OSFI’s …

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