Canada just got a warning from Fitch that its credit rating may be downgraded again, and the impacts are real. Rising deficits, growing debt, and poor fiscal discipline could push borrowing costs higher for governments and homeowners. This video explains why bond markets are reacting, how a downgrade would raise mortgage rates, and what Canadians should watch as pressure builds heading into 2026.
Bad News for Mortgages — Fitch Warns of Canada’s Financial Slide
