Economic conditions improving in Alberta, mortgage report suggests

The number of homeowners who are behind on their mortgage payments has reached one of the lowest levels since the beginning of the pandemic, new statistics indicate. On Wednesday, the Canadian Bankers Association released its latest report on the number of mortgages in arrears – situations where payments haven't been made in three or more months. Out of the 5,104,550 mortgages in Canada, just 7,426 (0.15 per cent) are in arrears, it said. When it comes to Alberta, the association found tha