The Wise Old Owl Podcast

Canada’s Household Debt Crisis: Why Interest Is Eating Our Future

Vince Gaetano

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.

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