The Loonie Hour Podcast

Financial Watchdog Asks Canadian Banks to Ease Pain on Mortgage Holders

July 7th, 2023

The FCAC has asked Canadian Banks to work with borrowers to extend amortizations and reduce prepayment penalties for over leveraged home owners. Real Estate starts in Vancouver & Toronto point to a market that is slowing. The ISM continues to roll over. Waiting for non-farm payrolls to drop. Canada plans largest uranium plant in the world.

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