THE DAVISVILLE & LEASIDE INSIDER

THE DAVISVILLE & LEASIDE INSIDER

Monday, November 8, 2010

Canada's mortgage debt surpasses $1T for first time

Canadians are carrying more mortgage debt than ever before, with the total crossing the $1 trillion threshold for the first time, according to a new report released Monday.

The annual report from the Canadian Association of Accredited Mortgage Professionals finds that Canada's total outstanding mortgage debt was $1.0008 trillion as of August 2010.

Source: CTV.ca News Staff
Updated: Mon Nov. 08 2010 08:00:09


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