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March 7, 2025 | About That: Canadian Debt and Defaults

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

Despite cooling inflation, a falling interest rate and steady employment numbers, more and more Canadians are missing payments on their loans and mortgages. Andrew Chang explains what’s going on. Here is a direct video link. 

Also worthwhile, see Can the US Auto Industry Survive without Canada?

President Donald Trump says he wants every car sold in the United States to be made domestically, a move which experts say would disrupt the entire North American auto sector for years. Andrew Chang explains how interdependent the Canadian and U.S. auto industries are, and the widespread impacts of severing a 70-year partnership.

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March 7th, 2025

Posted In: Juggling Dynamite

One Comment

  • Billy says:

    It is just really hard to believe anything from CBC. The are the government propaganda organ. Highly politicized.

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