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Canadian Mortgage Debt Grows At Fastest Pace Since 2010, Adding Over 6% of GDP

Canada might be in the middle of a pandemic with a shuttered economy, but it hasn’t slowed mortgage growth. Bank of Canada (BoC) data shows residential mortgage credit hit a new record high in December. The rate at which mortgage debt was the shocking part though. Mortgage debt is now growing at the fastest pace […]

The post Canadian Mortgage Debt Grows At Fastest Pace Since 2010, Adding Over 6% of GDP appeared first on Better Dwelling.

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