A person walks by a row of houses in Toronto on July 12, 2022. Cole Burston/The Canadian Press
Homeowners in Toronto and Vancouver are exhibiting signs of financial strain, with anticipated missed mortgage payments expected to rise gradually this year, Canada’s national housing agency says.
Financial pressures faced by homeowners differ across other major Canadian markets, but Toronto and Vancouver seem to be the most vulnerable, according to a report published this month by the Canada Mortgage and Housing Corp.
