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.