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Dawn Magee in Red with house in behind

Canada’s Credit Crisis

Canada's credit stress isn't a Rerun of 2008 but the shift underneath it deserves attention Canada's household debt story entered a more complicated phase this summer. Insolvencies climbed toward levels last seen during the financial crisis. Mortgage arrears rose to a decade-plus high. Forced sales in Toronto hit a record share of new listings. The headlines settled on a single word:...

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