🚨 BANNED in Canada? New Homeowner Rule Every Senior Must Know (July 2026)

#CPP2026 #OASCanada #GISCanada 🚨 BANNED in Canada? New Homeowner Rule Every Senior Must Know (July 2026) Welcome my YouTube channel CPP OAS Weekly Update! Today we're breaking down a major change affecting Canadian homeowners in 2026, especially seniors on CPP, OAS, and pension income. A new OSFI mortgage rule is changing how banks count your income when you apply for a second property, and it's catching thousands of retirees off guard. We also cover the extended foreign buyer ban (now running until January 2027), tightening property tax grant deadlines, and how new rental income could affect your GIS payments. If you own a home or are thinking about buying another property this year, this video is essential viewing. In this video, you'll learn: ✅ What OSFI's new income rule really means for retirees ✅ How the foreign buyer ban extension affects the housing market ✅ Property tax grant deadlines you cannot afford to miss ✅ How new rental income can impact your GIS eligibility ✅ A little-known refinancing workaround some seniors are using If this video helped you, please like, comment, and subscribe to CPP OAS Weekly Update for weekly, accurate updates on CPP, OAS, GIS, CRA rules, and everything affecting Canadian seniors' finances. 00:00 Hook — Is There Really a Ban? 00:20 Subscribe Reminder 00:45 Intro — What's Changing in 2026 01:30 OSFI's New Mortgage Income Rule Explained 03:00 Why This Rule Was Introduced 03:50 Impact on Retired Homeowners 04:40 Foreign Buyer Ban Extended to 2027 05:40 The Real 2026 Picture for Seniors 06:20 What To Do Right Now (Bank & Documents) 07:10 Property Tax Grant Deadlines Warning 08:00 Secondary Suite Refinancing Workaround 08:50 GIS Reporting Rules for Rental Income 09:40 Recap & Key Takeaways 10:05 Outro — Subscribe & Next Video Tease #CanadaHomeowners #OSFIRules #ForeignBuyerBan #SeniorFinances #CanadaPension #retirementcanada ⚠️ Disclaimer This channel is created for informational purposes only. We are not affiliated with Service Canada or any government agency. All information is based on publicly available data and news updates. Please consult official government websites or financial advisors for accurate guidance.