Mortgage trouble grows in Ontario and B.C., even as national delinquency rate falls

Kuntal Khasnobish
Monday, November 24, 2025
Mortgage trouble grows in Ontario and B.C., even as national delinquency rate falls

Ontario’s delinquency rate (0.23 per cent) was above the national average for the first time since at least 2012, as delinquencies grew 44 per cent year-over-year. Toronto delinquencies surged 60 per cent to 0.24 per cent.

In British Columbia, delinquency rates increased from 0.16 per cent to 0.19 per cent over the same period.


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