More Canadians are tapping their home equity instead of buying new homes, signaling a major shift in personal finance habits. As HELOC debt reaches record levels, this trend reflects rising pressure from higher interest rates, mortgage renewals, and everyday costs. In this episode, we explore what growing home equity borrowing says about household finances, housing stability, and the risks ahead for homeowners, buyers, and investors—especially in Ontario and the GTA.
HELOC Debt Hits $179 Billion — Why Canadians Are in Survival Mode in 2026
