Ing-Haw Cheng, professor of finance at the University of Toronto’s Rotman School of Management, joins BNN Bloomberg to discuss OSFI raising capital reserve requirements of big banks to cover potential losses from stressed borrowers trying to make mortgage payments. He explains what longer mortgage amortizations could mean for borrowers.
Subscribe to BNN Bloomberg to watch more videos: / bnnbloomberg
Connect with BNN Bloomberg:
For the latest news visit: https://www.bnnbloomberg.ca
For a full video offering visit BNN Bloomberg: https://www.bnnbloomberg.ca/video
BNN Bloomberg on Facebook: / bnnbloomberg
BNN Bloomberg on Twitter: / bnnbloomberg
BNN Bloomberg on Instagram: / bnnbloomberg
BNN Bloomberg on LinkedIn: / bnn-bloomberg
--
BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.