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Tag Archives: Banking sector

Canada’s Big Six banks to allow deferral of mortgage payments by 6 months

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PortandTerminal.com, March 18, 2020 Canada’s Big Six banks are taking coordinated action on the mortgage front as the nation’s economy faces the uncertainty of the COVID-19 outbreak’s impact. TORONTO, ONTARIO – Canada six’s largest banks have announced they will be allowing the deferral of mortgage payments by six months amid the coronavirus pandemic. In a press release late Tuesday, Royal …

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