This opinion is in response to statements made by Pineapple Financial CEO, Shubha Dasgupta, on ILMB on March 9, 2025. By consuming or using this information, you agree that you are subject to MLN's terms of service and the additional legal notice below. March 9, 2025 Dear Shubha,

Rocket Mortgage Canada (RMC) is calling it quits. The offspring of one of the most colossal lenders in the world—Rocket Companies Inc.—couldn't make it in Canada. What does that say about the future of Canada's mortgage market? We're about to tell you.

We just got a bunch of new previously unpublished data from Equifax Canada. These latest stats hammer home critical truths about what predicts mortgage delinquencies and how realistic credit rehabilitation truly is.