Despite the declining pace of mortgage debt growth, the level remains historically high
Increasing the qualifying rate would help ensure borrowers can pay their mortgages if rates rise
National Bank economists say rising rates won’t undermine household spending
Research finds many didn't know about or didn't want to bother signing up for debt relief
Oversight of certain syndicated mortgage investments will transfer to the OSC on July 1
Mortgages surged in Q3, while deferrals and loans in arrears dropped
CMHC says 250,000 homeowners sought deferrals in the middle of 2020
Firm self-reported violations, took remedial action and is seeking EMD status
Households added more than $118 billion in mortgage debt
StatsCan says low borrowing costs helped drive last year's increase