i can only assign one of two explanations to a government that wants to impose stress-tests on mortgages, in a default-free environment:

1) the people creating policy are so lost in american politics, that they literally don't understand how the canadian system works - which i think is the correct answer, or
2) they're planning to deregulate the system.

stress tests are an idea that was created for the american market. if you have a memory, you'll recall that the canadian system was praised for it's inability to collapse, due to being properly regulated. so, why are they bringing in this deeply american policy, to fix a deeply american problem that simply does not exist in this country?

again, it's either because:

1) the party is literally fully of people that went to school in the united states, studied the american housing system and just don't understand how canada works - which i think is the sad truth, as it is consistent with many other things we've seen from this government, or
2) the government is preparing to dismantle the system that the rest of the world upheld as superior in the face of the 2008 crash.

the liberals are no longer the smart party. it's clear.

https://www.huffingtonpost.ca/2018/07/30/permanent-generation-middle-class-renters_a_23492177/?ncid=other_trending_qeesnbnu0l8&utm_campaign=trending