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CMHC Warning about insured mortgages

Yesterday, Evan Siddall, the president of the Canada Mortgage and Housing Corporation (CMHC) said that the country could see claims from defaulted mortgages reach $9 billion as a result of the coronavirus and as many as 20 per cent of mortgages could go into arrears if the economic situation in Canada does not improve.
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CBC | Business News

13/50/2020
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