BANKS Are TRANSFERRING HOUSING RISK to YOU (Mass Layoffs & Delinquency EXPLOSION)

Canada’s banking sector is flashing major warning signs. RBC and other big banks are sitting on overvalued assets, layoffs are spreading, and mortgage debt has reached record highs. EQ Bank, TD, and Scotiabank are cutting staff as defaults and power-of-sale listings climb. With inflated appraisals masking losses, experts warn Canada is echoing the same risky math that triggered the 2008 U.S. financial crisis.

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