Canada Adds Guidelines for Banks to Prevent Mortgage Defaults

Canadian banks need to take steps to assist mortgage holders who are struggling to stay above water after a rapid spike in interest rates, according to new guidelines issued Wednesday.

https://www.bnnbloomberg.ca/canada-adds-guidelines-for-banks-to-prevent-mortgage-defaults-1.1941846

Canada Adds Guidelines for Banks to Prevent Mortgage Defaults - BNN Bloomberg

Canadian banks need to take steps to assist mortgage holders who are struggling to stay above water after a rapid spike in interest rates, according to new guidelines issued Wednesday.

BNN

I'm sure the economy will turn around once WW3 starts, wars always fix economic problems!

I wish I was joking.

First we have to go through one or two countries going through hypermilitarization and growing their armaments and stockpiling weapons … I know we have one country that is there now but we need it to do lots, lots more. Then we can start invasions and some totalitarianism, global crisis and many a genocide or two … then we can get into the meat of WW3