| Percentage of Arrears to Total Number of Mortgages in Canada 1990-2010 |
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Source: Canadian Bankers Association http://www.cba.ca/contents/files/statistics/stat_mortgage_db050_en.pdf Alberta's foreclosure rates are now soaring and up for the 28th month in a row. They are rapidly approaching historically high levels. The Percentage of Arrears to Total Number of Mortgages is 0.75% by December 2009. |
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