Even as housing prices rise, Canadians are showing strong ability to manage their debts with arrears on CMHC mortgages at a low 0.34 per cent for the first quarter of this year, according to new figures from the federal housing agency.
http://www.cbc.ca/news/business/canadians-with-cmhc-mortgages-spend-26-of-income-on-housing-1.3092859