Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada

Summary:
Citation Thorsten Koeppl. 2015. "Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada." ###. Toronto: C.D. Howe Institute.
Page Title:Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada – C.D. Howe Institute
Article Title:Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada
URL:https://cdhowe.org/publication/mortgage-insurance-macroprudential-tool-dealing-risk-housing-market-crash/
Published Date:July 8, 2015
Accessed Date:May 13, 2025

Canada’s mortgage insurance risk needs a better backstop fund, according to a new report released today by the C.D. Howe Institute. In “Mortgage Insurance as a Macroprudential Tool: Dealing with the Risk of a Housing Market Crash in Canada,” authors Thorsten V. Koeppl and James MacGee suggest an era of steadily rising house prices and high mortgage debt warrants concern over the potential exposure of Canada’s mortgage insurance system – and taxpayers. 

Membership Application

Interested in becoming a Member of the C.D. Howe Institute? Please fill out the application form below and our team will be in touch with next steps. Note that Membership is subject to approval.

"*" indicates required fields

Please include a brief description, including why you’d like to become a Member.

Member Login

Not a Member yet? Visit our Membership page to learn more and apply.