By the numbers - mortgage defaults not as bad as people thought

By Gazette Staff

March 27th, 2026

BURLINGTON, ON

 

Doesn’t matter where your home is on the spectrum: there will be a mortgage attached to it.

By the numbers:

83%

The percentage of surveyed Canadians who say they’ve never missed a mortgage payment — despite increasing financial pressure. (More than two out of three ain’t bad.)

 

$2.25M

The amount the Ontario government is investing to expand access to inclusive, barrier-free community spaces across the province.

Ownership Stats: Roughly 66% of Canadians are homeowners, with about 32% holding a mortgage and 20–24.6% owning outright.(Source CMHC)

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