Christopher Liew: What income you need for a $400K, $700K or $1M home in Canada

Financial planner Christopher Liew works through the household income a lender would expect at three common price points, using today's stress-test qualifying rate, minimum down payments and a 30-year amortization. He also contrasts the bare qualifying income with what he would consider a comfortable income for carrying the home.

Summary written by Ed Tracy Homes. The full story belongs to CTV News.