Redwater seniors celebrate new affordable homes
Today, the Honourable Ahmed Hussen, Minister of Families, Children and Social Development and Minister responsible for Canada Mortgage and Housing Corporation (CMHC) and Josephine Pon, Provincial Minister of Seniors and Housing…
Pace of Canadian mortgage credit growth is slowing
As payment deferrals begin to expire, Canada’s outstanding mortgage credit is now exhibiting slower growth, according to data from the central bank. Total mortgage debt at institutional lenders nationwide reached $1.69 trillion…
CMHC: Alberta’s deferrals rate among the highest in Canada
Alberta posted the highest proportion of mortgage deferrals during the COVID-19 pandemic, according to the Canada Mortgage and Housing Corporation. Approximately 21% of mortgages in the province were in deferral as of…