I just did what most Canadians wish they could — I went to Ottawa and spoke directly to the Senate about Canada’s broken housing system. And they listened. This week I share some of the key topics I discussed in front of the Standing Senate Committee on Banking, Commerce and the Economy — a room full of sharp minds trying to untangle the housing mess Canada has engineered over the past 20 years. I opened with what every Canadian already feels: affordability isn’t strained — it’s shattered. I ...
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I just did what most Canadians wish they could — I went to Ottawa and spoke directly to the Senate about Canada’s broken housing system. And they listened. This week I share some of the key topics I discussed in front of the Standing Senate Committee on Banking, Commerce and the Economy — a room full of sharp minds trying to untangle the housing mess Canada has engineered over the past 20 years. I opened with what every Canadian already feels: affordability isn’t strained — it’s shattered. I ...
Canada’s Household Debt Crisis: Why Interest Is Eating Our Future
The Wise Old Owl Podcast
7 minutes
1 month ago
Canada’s Household Debt Crisis: Why Interest Is Eating Our Future
Canada’s Debt Crisis Is Here — And It’s Worse Than You Think. Canadians are drowning in debt — and no one wants to admit it. Household debt in Canada just hit $2.9 trillion, with the debt-to-income ratio soaring to record highs. For every dollar we earn, we owe $1.80. And now, rising interest costs are eating up our paycheques — not groceries, not savings, just interest. For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/
The Wise Old Owl Podcast
I just did what most Canadians wish they could — I went to Ottawa and spoke directly to the Senate about Canada’s broken housing system. And they listened. This week I share some of the key topics I discussed in front of the Standing Senate Committee on Banking, Commerce and the Economy — a room full of sharp minds trying to untangle the housing mess Canada has engineered over the past 20 years. I opened with what every Canadian already feels: affordability isn’t strained — it’s shattered. I ...
