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50 sats \ 2 replies \ @Satosora 22 Mar \ on: Canadians Financially Stretched charts_and_numbers
If you think Canada is in a bad spot, just look over the border at the USA.
Not saying it is much better but household debt levels in Canada are insane. The money supply has been going through the roof for the last 15 years and people have been piling into residential real estate.
Higher rates are crushing a lot of people.