Banks - you committed to mortgage deferral, not usury

Banks - you committed to mortgage deferral, not usury

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Canadian Banks committed to mortgage deferrals - in exchange, the Bank of Canada relaxed norms and CMHC is buying risky mortgages, freeing up cash for the banks.

It turns out the banks had no intention of keeping their side of the bargain. The 'mortgage deferral' being offered is a steep loan on top of the mortgage, which goes right back to the same bank to pay the mortgage, in addition to a hefty interest.

Please join me in asking the Canadian Federal Government and Bank of Canada to force the banks to keep their side of the bargain. Banks that do not comply should lose the benefits they have already appropriated

0 have signed. Let’s get to 100!
At 100 signatures, this petition is more likely to be featured in recommendations!