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Financial consumer watchdog issues new guidelines to help support struggling borrowers

Financial Consumer Agency of Canada outlined expectations for lenders in dealing with strapped mortgage borrowers ....

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Canada does not have a mortgage amortization crisis

Amortizations of up to 90 years paint a bleak picture – but rarely has a topic been so overhyped ....

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Explainer-How risky is it to extend Canadian mortgage amortizations?

Canada's record pace of interest rate hikes has led to the repayment period for many variable rate mortgages lengthening to over 30 years, helping to shield households from higher borrowing costs but raising debt loads and worrying regulators. Variable rate mortgages in Canada typically require borrowers to make regular payments in fixed amounts. Negative amortization is a situation in which borrowers are adding to the principal and occurs when interest rates climb as high as the trigger rate. ....

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Transcontinental Inc. Announces Results for the Second Quarter of Fiscal 2023

Highlights Increase in adjusted operating earnings before depreciation and amortization of 5.2% for the quarter, including organic growth of 18.5% in the Packaging Sector.Revenues of $747.2 million. | June 7, 2023 ....

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MSNBC Velshi June 4, 2024 15:04:00

Fact that, the point i m trying to make is, are there things that can be done to clean up the tax code, absolutely? are the things that can be done to clean up corporate welfare, i was in the middle of, it of course there are. but at the end of the day, we just don t want the answer to this problem to be to raise everybody s taxes and somehow that will help. it is not raising everybody s texas governor, we re not talking about raising everybody s taxes. some people s taxes. paying no taxes? is that fair to you? it depends why, ali, it would depend why that is. in other words, if they ve suffered losses because of investments, guess, what they don t pay taxes, okay? if they make investments and they start appreciating their equipment, guess what, they get a tax break. you don t want to take that away. there, people who study the economy that safe, we should take away accelerated depreciation, or amortization. i just wanted to say, back to our example, of the working pers ....

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