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Bomono Heron
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Banks are expecting a wave of mortgage defaults: Economists say a credit crunch could hurt us all

https://www.thestar.com/busine....ss/banks-are-expecti

Why 2026 mortgage renewals could make or break the economy
www.thestar.com

Why 2026 mortgage renewals could make or break the economy

Tens of thousands of vulnerable households will renew their mortgage in 2026 at significantly higher rates, pushing Canada towards a recession, in a worst case scenario.

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