Betterdwelling iconBetterdwellingSep 28, 2026

Canadian Mortgage Arrears Have Skyrocketed 96% As Bank Portfolios Shrink

Households continue to buckle under the weight of their supersized mortgages. The data shows banks have seen the number of mortgages in arrears hit a 12-year high.

Canadian Mortgage Arrears Have Skyrocketed 96% As Bank Portfolios Shrink

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Households continue to buckle under the weight of their supersized mortgages.

The data shows banks have seen the number of mortgages in arrears hit a 12-year high.

At the same time, the size of their books is shrinking as banks fail to […]

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Households continue to buckle under the weight of their supersized mortgages. The data shows banks have seen the number of mortgages in arrears hit a 12-year high. At the same time, the size of their books is shrinking as banks fail to […]

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