Canadian Mortgages Just Had One of The Slowest Quarters Ever 

Canada’s debt-crazed households finally met their match—interest rates higher than inflation. Bank of Canada (BoC) data shows residential mortgage credit slowed even further in Q4 2023. The unusually slow quarter revealed households accumulated mortgage debt at one of the slowest rates ever, as interest rates divert capital to areas outside of housing.  Canadian Mortgage Debt […]