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.

  • No_Eponym@lemmy.ca
    link
    fedilink
    arrow-up
    5
    arrow-down
    2
    ·
    1 year 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…