If you’re putting less than 20% down, this change won’t impact you. The change implemented in 2016 is the one that impacted those. The latest is for mortgages with greater than 20% down, where consumers won’t be able to qualify for as much.
The changes don’t have anything to do with the actual mortgage insurance (ie. CMHC) itself.
Hope that helps. Let me know if you have any other questions.
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