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Originally Posted by GGG
They should have been stress tested fairly high though for those of in Canada. For the 50% are you talking Canada or US?
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Canada - I think this was the article
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Canadians flocked to variable-rate mortgages in the months before the Bank of Canada began rapidly hiking interest rates this year, driving their share of the market above 50 per cent, a report by the Canada Mortgage and Housing Corporation showed on Wednesday.
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https://financialpost.com/real-estat...c-report-shows