this post was submitted on 07 Jul 2023
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Canadian banks need to take steps to assist mortgage holders who are struggling to stay above water after a rapid spike in interest rates, according to new guidelines issued Wednesday.

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[–] [email protected] 4 points 2 years ago

Or, hear me out, bail out principle residences and allow the banks/investors to eat there losses as is predicated in a free market capitalism system. They literally asked for it...