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