WARNING from the Bank of Canada: 60% of Canadians will face much higher mortgage rates over the next 12 months
Job losses could spike Defaults may surge Liquidity could dry up—making credit hard to access
By News on the Net -- Marc Nixon—— Bio and Archives--May 8, 2025
News in Brief—News Headlines | Comments | Back To Full Article
WARNING from the Bank of Canada:
— Marc Nixon (@MarcNixon24)May 8, 2025
60% of Canadians will face much higher mortgage rates over the next 12 months
Job losses could spike
Defaults may surge
Liquidity could dry up—making credit hard to access
When the BOC provides a warning ‼️
This could get UGLY pic.twitter.com/UuFj8QkBnI
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