Canadian mortgage growth weakest in 20 years amid high interest rates

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Canadian mortgage growth weakest in 20 years amid high interest rates
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Data also showed Canadians remain among the most indebted people in the world. Read more

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Households added a net $11.2 billion in mortgage debt in the first three months of the year, according to national balance sheet data released Wednesday by Statistics Canada. That’s the smallest increase in two decades.Sign up to receive daily headline news from the Calgary Herald, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

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