Tag: mortgage renewals

• Ontario Consumer Insolvencies Hit Highest Level Since The Financial Crisis

  

  Consumer debt stress continues to climb across Ontario, and new data suggests financial pressures are reaching levels not seen since the aftermath of the 2008 Global Financial Crisis. According to the latest figures from the Office of the Superintendent of Bankruptcy (OSB), Ontario recorded its second-highest number of consumer insolvencies ever for the month of…

  Kaleylangille

  July 19, 2026

  ontario, Uncategorized

  bankruptcy Ontario, Canadian insolvencies, consumer proposals Ontario, debt crisis Canada, economy, finance, financial stress Ontario, history, housing affordability ontario, investing, mortgage renewals, news, Office of the Superintendent of Bankruptcy, Ontario consumer insolvencies, Ontario debt, Ontario economy, Ontario homeowners, ontario housing market, Ontario real estate

• Canadians Falling Behind on Mortgages and Loans, Says Equifax

  

  A recent Equifax Canada report reveals a significant increase in mortgage and loan delinquencies across Ontario, highlighting growing financial strain among homeowners. In the first quarter of 2025, Ontario’s 90+ day mortgage delinquency rate rose to 0.24%, marking a 71.5% increase compared to the same period in 2024. This surge is attributed to homeowners facing…

  Kaleylangille

  May 30, 2025

  alberta, ontario, Uncategorized

  consumer debt Canada, Equifax Canada report, financial strain, housing market challenges, interest rate impact, mortgage renewals, non-mortgage delinquencies, Ontario mortgage delinquencies, rising debt levels