Is it true that the more brokers you see the lower your credit score goes?

Depends on how much time is passing inbetween checks.

Copied this from a money sense article hut the bulk is a TransUnion quote

TransUnion: “The only inquiries that would affect your credit score are those initiated by you for specific credit transactions. Also, most scoring models take the appropriate steps to ensure that your score is not lowered because of the multiple inquiries that might occur in a specific time as a result of shopping for the best terms for an auto or home loan. Inquiries have less importance than delinquencies, balances owed and the length of time you have used credit. In general, scores only consider inquiries from the last 12 months. Inquiries are usually more important in affecting your credit score if you have a limited credit history.” Translation? Multiple inquiries within a short period of time are treated as one single inquiry

/r/PersonalFinanceCanada Thread