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27Sep/09Off

Mortgage Arrears (July 2009)

The Canadian Bankers Association released July’s statistics for Canadian mortgages in arrears.   Their definition of mortgage arrears is 3 or more months and includes data from the following banks: BMO CIBC HSBC Bank Canada National Bank of Canada RBC Royal Bank Scotiabank TD Canada Trust In comparison, Ontario by far has the most residential mortgages in arrears but is easily explained by [...]
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