Ontario’s record-setting mortgage delinquencies ‘enormously concerning’

Record rise in Ontario mortgage delinquencies stem from COVID-era interest rates: Equifax

While many Canadians are having financial troubles, no where are they more acute than in Ontario, according to a new report from Equifax.

Ontario’s record-setting mortgage delinquencies ‘enormously concerning’

The percentage of Ontarians missing mortgage payments is the highest ever recorded, at 0.24 per cent, according to new data from credit agency Equifax Canada.

Record rise in Ontario mortgage delinquencies stem from COVID-era interest rates: Equifax #Ontario #CanadaConsumer #CanadaLife

While many Canadians are having financial troubles, no where are they more acute than in Ontario, according to a new report from Equifax. The company, which monitors consumer credit, says Ontario’s mortgage delinquency rate rose to 0.24 per cent in the first three months of 2025, a massive 71.5 per cent increase from that same time period in 2024. Kathy Catsiliras, vice president of analytical consulting at Equifax, said Wednesday Ontarians are …