Canadians benefit from mortgage relief measures

eAwazLocal News

Ottawa – Canadians with mortgages from federally regulated financial institutions (FRFIs) benefitted from more than 8,000 mortgage relief measures between July 5, 2023, and June 30, 2024. These relief measures enabled mortgage holders to avoid more than $4,000,000 in penalties and fees they would have incurred when dealing with late or missed mortgage payments. These results are included in a …