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CIBC sees mortgage arrears rise in Toronto, Vancouver but says losses unlikely

Summary by Mortgage Rates & Mortgage Broker News in Canada
Mortgage arrears are edging higher in Toronto and Vancouver amid rising unemployment, but CIBC says strong equity buffers and low loan losses keep the portfolio resilient.
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Mortgage Rates & Mortgage Broker News in CanadaMortgage Rates & Mortgage Broker News in Canada

CIBC sees mortgage arrears rise in Toronto, Vancouver but says losses unlikely

Mortgage arrears are edging higher in Toronto and Vancouver amid rising unemployment, but CIBC says strong equity buffers and low loan losses keep the portfolio resilient.

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Mortgage Rates & Mortgage Broker News in Canada broke the news in on Tuesday, September 2, 2025.
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