There's another debt-deferral cliff looming this fall

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Canada is heading towards another debt-deferral precipice this fall, when thousands of borrowers who had student-loan obligations delayed during the summer of COVID-19 must resume making payments — even if their job prospects have taken a hit. The coming mortgage-deferral cliff has received lots of attention since Canada Mortgage and Housing Corp. flagged the threat in the spring. But there also are approximately one...

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