Financial Watchdog Asks Canadian Banks to Ease Pain on Mortgage Holders – Loonie Hour Episode 91

Financial Watchdog Asks Canadian Banks to Ease Pain on Mortgage Holders – Loonie Hour Episode 91

The FCAC has asked Canadian banks to work with borrowers to extend amortizations and reduce prepayment penalties for over-leveraged homeowners. Real Estate stats in Vancouver & Toronto point to a market that is slowing. The ISM continues to roll over. Waiting for Non-farm payroll to drop. Canada plans largest Uranium plant in the world.

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