Given the nation debt load as of February, households had a record $2.1 trillion of mortgage and non mortgage debt Poloz estimates the economy is 50 per cent more sensitive to rate hikes than in the past.Toronto Dominion Bank lifts mortgage rate in move in years, RBC follows suitHere what households are up against:Mortgage SeasonCanada is entering its busy season for real estate, with purchases concentrated in the April to July window. Some 47 per cent of existing mortgages need to be refinanced this year versus 25 per cent to 35 per cent typically, according to Ian Pollick, head of North American rates strategy at Canadian Imperial Bank of Commerce in Toronto.At the same time, the country biggest banks are raising key mortgage rates. Toronto Dominion kicked it off Thursday, hoisting its five year fixed mortgage rate 45 basis points to 5.59 percent.
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The centre deals with hunger in a number of ways. It has indoor and outdoor greenhouse aquaponic operations, fruit trees, a dairy farm and goat herd, plus a thriving egg production centre that Egg Farmers of Canada helped to establish. The egg operation consists of two barns and a processing plant, and 5,000 hens which lay thousands of eggs every day..