In a recent report by Benjamin Tal, chief economist of CIBC World Markets Inc, he warns that a slowdown in consumer spending and the housing market could bring on a recession, noting that «given current momentum in the market, it might be advisable to rethink the timing» of new stress tests for uninsured mortgages. (remonline.com)
OTTAWA — A surge in mortgage renewals, rising interest rates and new stress testing rules will are conspiring to make refinancing your mortgage more complicated and more expensive. (moneysense.ca)
The reactors must pass new stress tests as a condition of restarting and in some cases make heavy investments in additional tsunami barriers. (scientificamerican.com)