Mortgage arrears rate could spike to double what it was in 2009, Bank of Canada says

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Emergency measures to deal with the economic impact of the COVID-19 pandemic are showing encouraging signs of working, but Canada's economy is still facing an uncertain future, the Bank of Canada says.

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Original Article Source Credits: cbc ,https://www.cbc.ca/

Article Written By Pete Evans 

Original Article Posted on : May 14, 2020

Link to Original Article: https://www.cbc.ca/news/business/bank-of-canada-thursday-1.5569391



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