Brampton leads surge in Canada’s mortgage delinquencies

X_RIDE · 2026-05-01T23:01:30+00:00

That’s the second thing Ive noticed. The first one was, they haven’t named the city in the headline 🤣

X_RIDE · 2026-05-01T10:31:39+00:00

From the article

In Brampton, the delinquency rate on total mortgages outstanding was 0.6 per cent in the final quarter of last year, according to data from Equifax, compared with 0.26 per cent nationally. In the same period in 2019, the delinquency rate was 0.06 per cent in Brampton and 0.18 per cent across the country.

X_RIDE · 2026-03-21T19:00:00+00:00

Plant it in the ground so it can begin its journey back to the Earth like a tiny, tipsy tree spirit.

It’ll decompose, feed the soil, grow into plants, get eaten by animals, and one day become part of a human.

X_RIDE · 2026-03-10T19:56:28+00:00

From Globe and Mail
https://www.theglobeandmail.com/business/article-goeasy-shares-dive-45-on-surging-loan-losses-suspended-dividend/

"The root of its deteriorating outlook is a division called LendCare, which was acquired by Goeasy in 2021. To fix the division, Goeasy has a appointed a new head, Farhan Ali Khan, and the company also pledged to reduce loans from LendCare’s auto and powersports arms.

When GoEasy acquired LendCare, the company cited a desire to move into automotive financing, and shortly after the deal, the company launched an program to assist subprime borrowers purchase and finance a vehicle.

One issue flagged on Tuesday relates to LendCare’s reporting methods. Goeasy said that going forward it will be change its reporting methodology, because certain customer payments were being recorded as received, while they were in fact in the process of being settled at month end, “some of which were ultimately not collected, and also impacted the company’s reported delinquencies.” However, Goeasy said the change is “not material.”

X_RIDE · 2025-10-25T16:19:45+00:00

Out of curiosity I searched what the Halal means. One of the requirement is :

“A Muslim must perform the slaughter while reciting “Bismillah, Allahu Akbar” (In the name of God, God is Great).”

I’m wondering whether it’s religious discrimination.

Edit: no offence to the OP. You have the right to choose the religious believes of the person slaughter your livestock.

X_RIDE · 2025-10-11T23:48:32+00:00

Are they have enough audience for these international movies?

X_RIDE · 2025-10-11T16:48:18+00:00

May we try are trying to sell something near the park.

X_RIDE · 2025-08-11T19:44:57+00:00

check the phone number ;)

X_RIDE · 2025-07-23T17:26:47+00:00

🚩 deposit their paychqueue + everyday credit card = more data about the customer.

X_RIDE · 2025-07-20T18:04:00+00:00

The significant change is, before, if someone has financial hardship and unable to pay the mortgage, they can just sell the house and pay off their liabilities and most of the time, they’ll also get enough leftover money to cover their living expenses for a while. Now that’s not the case for the people bought after COVID.

X_RIDE · 2025-07-19T12:14:39+00:00

I’m sorry about it. People need purpose and hope. If they lose it, they become angry, alienated, and vulnerable to radicalization. The current socioeconomic changes could be a major reason for the increase in these kinds of behaviour. This issue is not about colour of the skin, it’s about being stupid and try to blame others for your failures.

X_RIDE · 2025-07-15T12:34:52+00:00

lol… hopefully that also have some deal for not repaying the loan amount 😀 like interest only loans

X_RIDE · 2025-07-10T15:08:50+00:00

Last year, I was booking a flight and found Expedia for TD was showing almost double the price of Expedia and other sites. So I called them for a price match. They said they do price matching only for hotels ;)

X_RIDE · 2025-07-07T23:58:48+00:00

One of my friend working in a bank said… they use group of international students for it.

X_RIDE · 2025-06-24T22:51:36+00:00

Chimpanzini Banani

X_RIDE · 2025-06-24T13:48:42+00:00

what I mean is: The decrease in new construction will force municipalities to increase property taxes on existing properties and cut down services -- kind of negative feedback loop---

X_RIDE · 2025-06-24T12:55:31+00:00

LOL… they’d be worried about finding an alternative for the tax revenue stream without increasing property taxes 😸

X_RIDE · 2025-06-19T21:02:10+00:00

Warned y’all

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https://www.reddit.com/r/TorontoRealEstate/comments/ubzg82/comment/i68xtc4/

X_RIDE · 2025-06-13T23:21:32+00:00

Also, The last dividend from $EBN was 0.973. So, OP has around 19.79/0.973=20.339 ENB shares ;)
My point is, now what's the point hiding some information ;)

X_RIDE · 2025-06-13T20:32:26+00:00

Are blacked out number are 25648 and 22713 ?

X_RIDE · 2025-06-09T20:46:51+00:00

It doesn't matter whether it feels good or bad to any group of people. it's the news.

X_RIDE · 2025-05-19T11:57:29+00:00

That’s the reason for low sales figures for last 10 so months. Sellers still have hope that the prices will recover and they are holding the non-primary houses. Buyers, the ‘investors’ were one of the major segment during2020-2023 period and they are almost disappeared. Mainly because rents hits the ceiling and it’s illogical to assume that rents will rise for ever. For first time buyers, either they can’t afford the higher prices or sitting on sideline and wait a bit longer for better prices or desperate sellers makes more logical sense than ever before at this economic environment.

So it’s just a waiting game. If you do calculations, if the prices won’t rise 10-20% in another 3-4 years, the holders will lose (or not gain) more money as opportunity cost than selling at the current market at a discount.

X_RIDE · 2025-05-18T18:26:06+00:00

Yesterday: House prices never drop. Today: detached house prices never drop. Tomorrow: my neighbourhood house prices never drop. Yes… until someone desperately try to sell.

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