Canadians are going deeper in debt, exhausting their savings, skipping necessities, and refinancing.

Canadians are going deeper in debt. Canadians are dealing with the cost of living and higher debt payments by exhausting their savings, skipping on other necessities, and refinancing. This is not sustainable, and ends in insolvency without higher paying jobs in a more productive economy.

Canadians are going deeper in debt, exhausting their savings, skipping necessities, and refinancing. Read More »

Housing starts have “fallen off a cliff” and wages can’t keep up.

Devastating testimony from Butler Mortgage Inc. at the Finance Committee. Condo starts have dropped to zero in the GTA – and housing starts have “fallen off a cliff” across Ontario, at a time when housing is completely out of reach for working Canadians and the problem is spreading across Canada. Wages are not keeping up.

Housing starts have “fallen off a cliff” and wages can’t keep up. Read More »