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Kenney promises push for change to federal home buying rules

Jan 30, 2019 | 6:21 PM

CALGARY – Alberta’s Opposition leader says he will push for changes to federal rules to make it easier for people buy a home.

Jason Kenney, in a speech to realtors, says so-called stress tests for home-buyers are unfair.

And he says they punish markets like Calgary, where the economy and housing prices are trying to rebound.

Stress tests make sure that home-buyers have the financial means to not just put down a down payment, but also weather hikes — or spikes — in interest rates.