Mortgage defaults in Canada are rising fast—2.6% of borrowers are now 60+ days behind. Home prices have dropped to 2021 levels, and when adjusted for inflation, we’re back to 2018. Renewals are pushing families from low rates into panic. Debt is crushing Canadians, especially in Alberta, where 1.8 million say they’re near bankruptcy. The real estate bubble is bursting—and fear is setting in
