Introducing Graph of the Week, a new series from the C.D. Howe Institute's Graphic Intelligence that presents valuable and easily digestible data. Each Monday we will unveil one new captivating chart or graph with interesting insights, explaining it in two-to-three sentences. Dive into the data with us.
The 5-year fixed interest rate is the most popular mortgage type in Canada. This graph signals the sticker shock Canadian mortgage holders will face when they renew their mortgages—many over the next year.
