Debt-deferral cliff yet to cause major issues, bank results show

If there’s a debt-deferral cliff, Canada’s biggest banks are only seeing a small percentage of borrowers go over it so far.  Canada’s Big Six lenders all reported this week that the majority of loan-payment deferrals they provided to clients amid the coronavirus pandemic expired by the end of October, and that most of those previously-deferring customers are back to paying down their debts. ...