Many Canadians are feeling squeezed from every direction: rising debt stress, a weakening job market, and a loonie struggling to hold key levels. The video highlights the MNP Consumer Debt Index sliding near historic lows and claims many households are only about $200 from insolvency. It also points to unemployment trending higher since pandemic lows, grim job-search stories, public sector layoffs, rising delinquencies, growing homelessness, and continued housing declines—especially in Ontario.
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