THIS BLOG GOES LIVE ON MONDAY, OCTOBER 20, 2025, AT NOON - WATCH THE VIDEO NOW! ONTARIO'S RISING MORTGAGE DEFAULT PROBLEM: THE ALARMING TRUTH YOU NEED TO KNOW There is an Ontario mortgage crisis brewing, especially with GTA real estate. There is a growing Ontario mortgage default crisis, with mortgage default rates in Ontario reaching levels not seen since the 2008 financial crisis. As a Licensed Insolvency Trustee with decades of experience in the Greater Toronto Area, we have been receiving many more calls from people needing GTA debt solutions for GTA residents, such as consumer proposals and also seeking bankruptcy advice due to GTA real estate mortgage defaults. Key factors include aggressive interest rate hikes and inflation. Warning signs: using credit cards for essential bills, dipping into retirement savings, and missing payments Solutions: consumer proposals, bankruptcy, and refinancing options To avoid mortgage default Ontario, create a detailed budget, build an emergen...