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Rising number of Canadians struggling to make monthly mortgage payment: survey

TORONTO – A new survey suggests the number of Canadians struggling with their monthly mortgage payment is on the rise, along with worries of potentially higher payments when it comes time to renew with their lender.

Around 15 per cent of borrowers say they find the financial aspect of their mortgage “very difficult,” up from 11 per cent in June and eight per cent in March, according to data released on Monday by the Angus Reid Institute.

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