zlacker

>>eswat+(OP)
To maybe offer a different perspective: I think the Canadian mortgages linked to Chinese accounts will likely all be paid. What may be happening is that there is a lot of underground chinese financial activity that is not recorded in Canada and part of this 'network' is utilized to get money out of china.

>>Sunlig+bn
> I think the Canadian mortgages linked to Chinese accounts will likely all be paid.

If Canadian banks agree with this risk assessment, they have little incentive to actually verify income in these cases.