Tag: mortgage delinquencies Canada

• Canadian Mortgage Arrears Hit A 5-Year High

  

  February 3, 2026 Canadian households are starting to feel the strain of higher borrowing costs, and the country’s major banks are seeing it show up in their books. New data from the Canadian Bankers Association (CBA) reveals that the national mortgage arrears rate increased again in November, reaching its highest level in five years. While…

  Kaleylangille

  February 3, 2026

  alberta, british columbia, East Coast, ontario, Uncategorized

  Canadian banks mortgage data, canadian mortgage arrears, economy, finance, housing market risk Canada, interest rate impact housing, investing, mortgage defaults Canada, mortgage delinquencies Canada, real estate, realtor

• Ontario Sees Surge in Unpaid Bills as Debt Levels Rise

  

  A new report has shed light on the growing financial struggles of Canadians, revealing that an increasing number of people are unable to keep up with their major financial obligations. Among the hardest-hit provinces, Ontario stands out, with mortgage delinquencies soaring to unprecedented levels. According to data from Equifax Canada, consumer debt nationwide grew by…

  Kaleylangille

  February 28, 2025

  Uncategorized

  alberta, canada, Canadian housing market, economic downturn Canada, Equifax Canada report, financial hardship Ontario, financial struggles in Ontario, high unemployment Toronto, housing, mortgage defaults Canada, mortgage delinquencies Canada, non-mortgage debt Ontario, Ontario debt crisis, politics, rising consumer debt, rising debt levels Canada, Toronto cost of living, travel, unpaid bills Ontario