Canada’s housing boom is unwinding. Condo sales and starts have fallen to multi-decade lows; GTA prices are ~25% off peaks, listings up, and distress rising as mortgages renew at higher rates. Developers halt projects, jobs fade, and growth weakens. Meanwhile, China offers to lift canola tariffs if Canada drops its 100% duty on Chinese EVs—creating a sovereignty test between farm relief, cheaper EVs, and staying aligned with U.S. trade policy.
Toronto COLLAPSES Under Carney’s Watch — $1 TRILLION Housing BUBBLE Finally EXPLODES!
