<?xml version="1.0" encoding="UTF-8"?>
<data>
<terms url="https://www.bankofcanada.ca/terms/"></terms>
<groupDetail>
    <label>When parents co-sign a mortgage to help their adult children buy their first home</label>
    <description><![CDATA[Rising housing costs are leading to an increasing share of first-time homebuyers seeking financial support from their parents. Specifically, Canada has experienced a noticeable rise in instances of parents co-signing mortgages with their adult children. This practice allows buyers to purchase more expensive homes—but it can also make both parties vulnerable to financial disruptions.]]></description>
    <link></link>
</groupDetail>
<seriesDetail>
<series id="SABA_LI20260409_C1_S1">
<label>2004</label>
<description>2004</description>
<dimension key="k" name="Category"/>
</series>
<series id="SABA_LI20260409_C1_S2">
<label>2025</label>
<description>2025</description>
<dimension key="k" name="Category"/>
</series>
<series id="SABA_LI20260409_C2_S1">
<label>2022Q4</label>
<description>2022Q4</description>
<dimension key="k" name="Category"/>
</series>
<series id="SABA_LI20260409_C3_S1">
<label>Borrowers without parental co-signing</label>
<description>Borrowers without parental co-signing</description>
<dimension key="k" name="Category"/>
</series>
<series id="SABA_LI20260409_C3_S2">
<label>Borrowers with parental co-signing</label>
<description>Borrowers with parental co-signing</description>
<dimension key="k" name="Category"/>
</series>
</seriesDetail>
<observations>
<o k="Canada"><v s="SABA_LI20260409_C1_S1">4.00</v><v s="SABA_LI20260409_C1_S2">10.90</v></o>
<o k="Toronto"><v s="SABA_LI20260409_C1_S1">4.10</v><v s="SABA_LI20260409_C1_S2">13.80</v></o>
<o k="Vancouver"><v s="SABA_LI20260409_C1_S1">7.30</v><v s="SABA_LI20260409_C1_S2">13.40</v></o>
<o k="Montréal"><v s="SABA_LI20260409_C1_S1">2.90</v><v s="SABA_LI20260409_C1_S2">11.50</v></o>
<o k="Calgary"><v s="SABA_LI20260409_C1_S1">4.70</v><v s="SABA_LI20260409_C1_S2">10.20</v></o>
<o k="Maximum possible purchase price"><v s="SABA_LI20260409_C2_S1">787000.00</v></o>
<o k="Average actual purchase price"><v s="SABA_LI20260409_C2_S1">709000.00</v></o>
<o k="Maximum possible purchase price had they not had parental support"><v s="SABA_LI20260409_C2_S1">458000.00</v></o>
<o k="0%"><v s="SABA_LI20260409_C3_S1">0.80</v><v s="SABA_LI20260409_C3_S2">0.82</v></o>
<o k="Above 0% and up to 50%"><v s="SABA_LI20260409_C3_S1">0.80</v><v s="SABA_LI20260409_C3_S2">1.19</v></o>
<o k="Above 50% and up to 75%"><v s="SABA_LI20260409_C3_S1">0.80</v><v s="SABA_LI20260409_C3_S2">1.62</v></o>
<o k="Above 75%"><v s="SABA_LI20260409_C3_S1">0.80</v><v s="SABA_LI20260409_C3_S2">2.32</v></o>
</observations>
</data>