Canada’s largest bank just issued a stark warning: don’t expect a housing rebound anytime soon. Mortgage debt now exceeds the entire Canadian economy, insolvencies are rising, job losses are mounting, and home prices have fallen back to 2017 levels. RBC says the pain isn’t over. In this video, we break down what’s really happening behind the headlines — and why Canadians need to prepare for a harsher economic reality ahead.
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