Quote:
Originally Posted by snootchiebootchies
The credit crunch in 2008 resulted in a double in the number of arrears in Alberta within just 10 months, and a tripling in just over a couple of years. In this recession, we have not even reached a double yet.
|
Someone on CBC 1010 was explaining yesterday that is a bit misleading. Alberta has long led Canada in lowest number of arrears, so a doubling or tripling of a small number is not very significant.