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| Canadian mortgage rates historical | In , Canada along with the rest of the world experienced a severe recession, triggered by the housing crash in the U. However, keep in mind that things can change at any time. Find The Best Mortgage. On the heels of persistent inflation in the s and s, the early s were characterized by a severe recession a category 4, according to the C. Loans Canada, the country's original loan comparison platform, is proud to be recognized as one of Canada's fastest growing companies by The Globe and Mail! |
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