December payroll data is out - still going downhill
(www.adp.ca)
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Mortgage rates are at historic lows. You can get a 5 year fixed with 1.67% interest, or 5 year variable for 0.99% now.
Those who have the means can buy, and it’s never been a better time to buy. At the other end, those who have been renting and lost their jobs, they are pretty protected from being evicted for not paying rent. Lots of stories of renters that stoped paying in March and are still in their rentals because of Ontario government policy. Absolutely terrible for the landlords, but the leeches are fine with their new ps5 bought with cerb.