Canada’s big banks, credit union announce mortgage payment deferrals

By Joannah Connolly / Glacier Media Real Estate
Big Six and Vancity offering up to six months payment free for mortgage holders unable to make payments due to pandemic

Canada’s big six banks are offering mortgage payment deferrals for up to six months for homeowners who are unable to make payments because of the COVID19 pandemic. Neil Parmenter, president of the Canadian Bankers Association, tweeted March 18 that RBC, TD, BMO, Scotiabank, CIBC and National Bank would put the program into place “effective immediately.”…

Source:: Canada’s big banks, credit union announce mortgage payment deferrals

• Whistler News

March 18, 2020

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