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Why banks are bracing for a mortgage renewal cliff | About That

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Why banks are bracing for a mortgage renewal cliff | About That

Canada's Big Six banks are adding billions of dollars to their emergency funds as mortgage renewals approach for more than three quarters of homeowners. Andrew Chang explains why the banks are preparing for more delinquencies, and who's most at risk. »»» Subscribe to CBC News to watch more videos: http://bit.ly/1RreYWS Connect with CBC News ...

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