Total mortgage balance reaching ‘severe delinquency’ exceeds $1 billion for the first time in Ontario

shockedcanadian

Diamond Member
Aug 6, 2012
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Recall my repeated warnings that this province is going to collapse.

Protect your northern border, the artificial bubble manufactured by the Police State is going to burst. As every other Police State in history has done eventually.


More than 1.26 million consumers missed at least one payment on some form of credit commitment — the highest number since 2020 — in the first quarter, according to Equifax.

Ontarians are under extreme financial pressure as more mortgages come up for renewal at higher interest rates, according to a new report by credit reporting agency Equifax.
 
Recall my repeated warnings that this province is going to collapse.

Protect your northern border, the artificial bubble manufactured by the Police State is going to burst. As every other Police State in history has done eventually.


More than 1.26 million consumers missed at least one payment on some form of credit commitment — the highest number since 2020 — in the first quarter, according to Equifax.

Ontarians are under extreme financial pressure as more mortgages come up for renewal at higher interest rates, according to a new report by credit reporting agency Equifax.
Wow we need to do something about that. Prices going up sky high on everything.
 

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