A fresh wave of layoffs is pushing Albertans to the edge — and in danger of losing their homes

Suspecting a crisis ahead, Peggy asked her bank to defer payments on her house out of an abundance of caution when the COVID-19 pandemic hit this spring. That caution, it seems, was warranted as her family’s economic outlook deteriorated as the months progressed. Peggy had survived previous rounds of layoffs in recent years, but lost her job at one of Calgary’s largest integrated oil companies in July as the company cut...