Your debt facts: COVID-19 boosted the obligations kept from the Canadians
Home loan loans not just surged into the pandemic, it exploded. As many Canadians looked for more liveable space in the midst of lower borrowing from the bank will set you back, mortgage loans expanded by the the typical $150 mil per year inside 2020 and you can 2021-almost increasing the fresh new annual rate of growth ranging from 2015 and you can 2019. Continue reading «Evidence Area: Low income Canadians feeling sharpest pain of rising cost of living, rates nature hikes»