Big banks originate nearly 7 out of 10 (67%) of new Canadian mortgages, although their market share has fallen slightly...
The country’s Big Six banks provided an update on the state of their mortgage deferrals, with each reporting varying results...
OSFI, Canada’s banking regulator, announced today it will start phasing out special regulatory capital treatment of deferrals given improving economic...
Despite Canada Mortgage and Housing Corporation CEO Evan Siddall warning of a mortgage “deferral cliff,” and sharp rise in mortgage defaults this fall, data from the country’s key mortgage lenders appears to be telling a different story.
New data suggests homes sales in Toronto dropped 37% last week compared to the same time last year, according to...
Canada’s big banks announced this week that those struggling due to the COVID-19 crisis will be able to defer their...
