Page 60 - Sports Energy News, Cornwall, Issue No 124

60 Issue #124 May 2023 www.sportsenergynews.com

in Canada is a vulnerability we take
Brian Johnston very seriously, and it is an area we Heads up Hockey
Continued from page 38
have been, and will continue to,
further changes to Guideline monitor carefully,” Routledge said The C-cut
B-20, which governs mortgage in his prepared remarks. “That is the most
underwriting practices and longstanding vulnerability is made popular way
procedures, Routledge says the fact riskier today by elevated mortgage With to skate
that mortgage delinquencies remain interest rates, and a potential backwards.
Grant Cooper
at an all-time low of 0.15% in the economic downturn. In fact, OSFI Focus on
face of rising interest rates, inflation, called out the housing market as one making the C shape with your
and economic uncertainty, proves the of the most significant economic feet allowing you to gain speed
policy is working as it was intended. risks in its recently released outlook and momentum. It is like your
At the same time, those economic for 2023. blades never leave the ice and
forces, coupled with the elevated Routledge says the agency received H ello Everyone, you are wiggling your hips/
share of mortgage borrowers with This month the focus will
significant feedback from its public lower half back and forth.
variable-rate mortgages, has caused consultation on its potential changes be on backwards skating. Backwards crossovers are
the agency to consider further Backward skating is an
changes. but wouldn’t share whether the input important part of the game. All almost exactly like forward
was pushing OSFI in one direction or crossovers. While bending your
Are changes to the stress test coming? defence must be strong backward
On January 12, OSFI announced another. “We’ll have some decisions skaters as they will almost always knees, you need to pick your
several changes it would consider to make in terms of whether to do be taking on the forwards skating skate up off the ice and cross
following a consultation period anything different,” he said. your skates over each other, one
with industry stakeholders. That If changes are to be made, however, backwards. step at a time, while skating in
consultation period wrapped up on Routledge says variable rate You must start by getting in a a backwards motion. Make sure
April 14. mortgages would likely be the bent knee position, like you are you have proper balance on your
“The level of household indebtedness primary target. “sitting on a toilet” (chest up, heels as you do not want to lean
butt down). too far forward and fall.
Max Ming or grandchild, post-secondary
Continued from page 38 education, changing careers,
FIVE SPOT? • Answers
starting or growing a business, THEME: FIVE SPOT? Answer page
planned but our experience is retirement, selling a business, sale
that they are often random. Being of property, leaving a legacy, and 1 2 3 4 5 6 7 8 9 10 11 12 13
C
E
C

O G R
S
N I
Y
D O T

prepared for the different possible more. 14 15 16
events that can occur will give you Every life will have its own pattern E L E A 18 A U R E I 19 L E A R
17

a greater peace of mind. One thing of these events. By being prepared, F I N G E R P A I N T I N G S

we do know is that critical events we can help you make your life 20 I 21 22 E
T
D S
Q U O T
O V
arise and can have a profound less stressful and as a result, much 23 24 25 26
impact on people’s lives. happier. As such, the discovery G A N D H I J O U R
29

Some of these events could phase is an extremely important 27 A N 28 W A N Z 30 31 32
I
K
A A S
include; the loss of a spouse, step in establishing a sound 33 34 35 36 37
disability, divorce, birth of a child financial plan. A C T O N A 39 L E N 41 A L B A

40

38

C H A N E L S S T A P L E S
Graphic Designs 42 E R N 43 44 45 M P A T H

T
E
N E
T

ds
ds
• Business Cards
• Business Car ds • Posters 46 N S E 47 E 48 O E
Business Car
Business Car

U R
C
I
F
• Menus • Design Print Ads 49 50 51 52 53
• Menus
I M A X R E R A I L
54 55 56 57 58
B L U R B N A B N B A
59 60 61 62
Q U I N C E N T E N A R I E S
63 64 65
U L N A R E L I C E T A T
Lynn Dillabough
L ynn Dillabough 66 67 68

613-349-4694 E K E S S E C T S D A M S
dillydesigns@eastlink.ca Puzzle by Douglas Taillon Crossword on page 56
dillydesigns@eastlink.ca