Canada’s credit crunch is deepening. While some banks like TD and BMO are tightening lending, others — especially RBC and National Bank — are aggressively expanding risky loan books, even as mortgage delinquencies rise and housing prices fall. With debt soaring and regulators cutting jobs, the system looks fragile. This video warns that unchecked lending into a weakening economy could fuel a financial crisis, leaving taxpayers on the hook.
Canada’s Credit Crunch Is Here—RBC Is Ignoring the Alarm
