Queen's University

New mortgage rules


Queen’s University professor Louis Gagnon is available to talk about the new federal mortgage rules.
“Fears that a residential real estate bubble is forming in Canada are well-founded so Ottawa's new stiffer rules for mortgage lending are welcome,” says Professor Gagnon. “Although the new rules likely do not go far enough, they will come a long way to addressing the concerns raised by Canada's top five banks that many home owners enjoying low borrowing costs currently will be pushed off the edge when interest rates rise in the next year or two.”
Professor Gagnon is an expert on capital markets and risk-management. His research is published in leading academic journals including the Journal of Financial Economics and the Journal of Financial and Quantitative Analysis. 
To arrange an interview, please contact Michael Onesi at 613.533.6000 ext. 77513 or michael.onesi@queensu.ca, or Kristyn Wallace at 613.533.6000 ext. 79173 or  kristyn.wallace@queensu.ca at News and Media Services, Queen’s University.
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Last updated at 8:21 am EDT, Mon September 1, 2014
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