Appearance before the House Standing Committee on Finance (February 13, 2024)
Table of contents
- About FINA
- Opening statement
- About FCAC
- ISSUE: FCAC’s Guideline on Existing Consumer Mortgage Loans in Exceptional Circumstances
- ISSUE: Mortgage Guideline consultations and feedback from industry
- ISSUE: FI reporting results on compliance
- ISSUE: Guideline enforceability
- ISSUE: The Canada Mortgage Charter
- ISSUE: OSFI’s and FCAC’s respective Guidelines and positions on extended amortization
- ISSUE: Variable rate mortgages with fixed payments; unregulated lending (& OSFI’s position)
- ISSUE: Complaints handling (Mortgage Guideline, FCAC’s role, ECB)
- ISSUE: FCAC’s research into financial well-being of mortgage-holders
- ISSUE: Fraud and FCAC oversight of unauthorized transactions
- ISSUE: Real-estate fraud
- ISSUE: Consumer info on mortgages & national ad campaign on housing & mortgage financing
- ANNEX A: Committee member profiles and key personnel
- ANNEX B: Joint OSFI / FCAC Letter to FINA – October 25, 2023
- ANNEX C: FCAC data on homeowners with/without mortgages and renters (graphs)
- ANNEX D: Past FCAC appearances at FINA and recent coverage of FINA business
- ANNEX E: Other parliamentary business of relevance
- ANNEX F: The Federation of Canadian Municipalities’ position on housing
- ANNEX G: Canada’s Housing Action Plan
- Social Media Listening