BMO finds enthusiasm for the plan — but will homebuyers qualify?
But starts still beat economists' expectations
"The stress test is doing what it is supposed to do," CEO Evan Siddall wrote to parliamentarians
Vulnerability remains high in certain markets
New residential construction remains above historical average
There were fewer multiple unit projects after strong numbers in June
But the growth rate of home equity lines of credit debt more than doubled
The seasonally adjusted annual rate increased to 229,737 units whereas economists had been expecting 216,600