Canada Mortgage and Housing Corporation (CMHC) says house prices could fall 47.9% peak-to-trough with an unemployment rate of 25% in its worst-case scenario.
Canada Mortgage and Housing Corporation (CMHC) says house prices could fall 47.9% peak-to-trough with an unemployment rate of 25% in its worst-case scenario.
Note: The answers below were compiled from the information available on the Government of Canada’s website retrieved at https://www.canada.ca/en/services/benefits/ei/cerb-application.htm