About $1B in mortgage payments were deferred during spring, says the Canada Mortgage and Housing Corp.
The principles-based guidance will be flexible, the Ontario regulator says
Most applications for mortgage deferrals were approved in March and April
Mortgage rates are likely to remain low until at least 2023
The changes will take effect March 1, 2021
House prices are recovering and keeping homeowners from filing for insolvency
Layoffs and reduced wages will lead to financial hardship for many, DBRS warns
Consumer borrowing slowed as government Covid-19 relief efforts kicked in
Activity in the first two weeks of May was stronger than in the previous month
BMO Asset Management has licensed the index for a new ETF