TORONTO (CU)_Earlier last month, consumer credit reporting agency Equifax revealed that despite the financial support provided by the government over the past year, the health crisis had changed the debt profile of Canadians, with consumer debt skyrocketing, particularly on the back of rising mortgages. The report made it evident that consumers had decided to allocate more money on their homes while spending less on everything else.
According to Equifax, the rate of new mortgages in the first quarter of 2021…