One Billion Dollars: The Amount Of Money Canadians Have Deferred In Terms of Mortgage Payments Since COVID-19 Began
Almost 1 million existing loans have been deferred; more loans are still being taken out. More than 3/4 of a million Canadian homeowners have either deferred or skipped a mortgage payment during the COVID-19 pandemic began, to the tune of about $1 billion a month, Canada’s national housing agency says. In a report on Thursday,…
