If you’ve lost your income, the government, through The Canada Mortgage and Housing Corporation (CMHC), is providing options for eligible homeowners to defer mortgage payments. These include payment deferral, loan re-amortization, capitalization of outstanding interest arrears and other eligible expenses, and payment arrangements. TD Bank announced on March 17, that six of the country’s largest financial institutions will be providing mortgage relief and financial aid to those impacted by the pandemic.  O’Leary urges you to call your mortgage lender or your bank and start having these conversations as soon as possible. While the government has not yet announced similar relief for renters, O’Leary said this is the time to talk to your landlord about your options.  There might also be help coming from the federal government soon. Evan Siddall, the president and CEO of CMHC, tweeted this week that it’s something the government is looking at right now. "We are also exploring, with others, potential relief measures for those who cannot make payments on uninsured mortgages and renters.” Ontario residents should also be aware that evictions have been put on hold in the province.