Research finds many didn't know about or didn't want to bother signing up for debt relief
Mortgages surged in Q3, while deferrals and loans in arrears dropped
CMHC warned of the risk, despite most of last year's deferrals ending on time
Other forms of borrowing declined as mortgages swelled
Borrowing hit new highs in 2020, and credit conditions held steady
Government, education and health-care workers had below-average shares of mortgage deferrals
The yield on the 10-year Treasury briefly hit 1.18% earlier this week
Lenders granted payment holidays on $25.4 billion worth of mortgages in Q2, StatsCan reports
The rate is offered on new five-year variable closed-term mortgages
Mortgages and car loans drove debt levels in Q3