Canada’s household debt crisis is spiralling out of control — and nobody’s talking about it. With over $2.9 trillion in household debt, Canadians are now spending 17 cents of every dollar just to cover interest. Mortgages are resetting, credit lines are maxed out, and families are suffocating under higher payments. For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/
All content for The Wise Old Owl Podcast is the property of Vince Gaetano and is served directly from their servers
with no modification, redirects, or rehosting. The podcast is not affiliated with or endorsed by Podjoint in any way.
Canada’s household debt crisis is spiralling out of control — and nobody’s talking about it. With over $2.9 trillion in household debt, Canadians are now spending 17 cents of every dollar just to cover interest. Mortgages are resetting, credit lines are maxed out, and families are suffocating under higher payments. For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/
Population Stalls, Renters Recoil & Investors Re-evaluate
The Wise Old Owl Podcast
7 minutes
4 months ago
Population Stalls, Renters Recoil & Investors Re-evaluate
This week, Vince unpacks a bombshell Stats Canada report that exposes the hard truth about Canada's housing market, immigration policy, and what it all means for investors, landlords, and homeowners across Ontario, BC, and beyond. 👉 If you’re banking on rental income… think again. 👉 If you’re sitting on a pre-construction unit… brace yourself. 👉 If you thought “real estate always goes up”… welcome to 2025. If you haven't already, please subscribe to the OwlMortgage Youtube Channel...
The Wise Old Owl Podcast
Canada’s household debt crisis is spiralling out of control — and nobody’s talking about it. With over $2.9 trillion in household debt, Canadians are now spending 17 cents of every dollar just to cover interest. Mortgages are resetting, credit lines are maxed out, and families are suffocating under higher payments. For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/
