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Tag Archives: Alberta Deferrals

Albertans burdened by mounting unemployment, delinquent mortgages

Rising unemployment and mounting mortgages in arrears are pushing more people in Alberta to the brink compared to everyone else in Canada. Already burdened with an unemployment rate of 11.7%, markedly higher than the national average of 9%, Alberta also has the highest mortgage deferral rate in Canada at 18.9%, according to CMHC. This level is a [&hellip…

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