Most borrowers who deferred mortgages will resume payments, Canadian banks say | Financial Post

September 15, 2020, by Kevin Orland Three of Canada‚Äôs six biggest banks said they expect most borrowers who took advantage of pandemic-related deferral programs to resume payments, countering fears of a sharp increase in impaired loans. Chief Executive Officer Brian Porter said in the statement that Scotiabank now has $39 billion (US$30 billion) of deferral…