It's very unusual in a recession, but the default rates have not increased during this recession. That's very unusual, given the very specific circumstances of this pandemic.
On January 21st, 2022. See this statement in context.
On January 21st, 2022. See this statement in context.
January 21st, 2022 / 1:45 p.m.
President and Chief Executive Officer, Canada Mortgage and Housing Corporation
It's very unusual in a recession, but the default rates have not increased during this recession. That's very unusual, given the very specific circumstances of this pandemic.
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