20min chapter

The Loonie Hour cover image

Canadian Businesses are Failing at the Highest Rate Since 2006

The Loonie Hour

CHAPTER

Economic Challenges and Banking Sector Stability in Canada

The chapter delves into the economic challenges facing Canada, discussing issues such as productivity, government policies, housing crisis, and business insolvencies. It also explores the stability of the Canadian banking sector, analyzing factors like loan vulnerabilities, leadership changes, and potential crises. The conversation reflects on past predictions of a housing crash and the challenges of timing such events amidst concerns like mortgage payment deferrals during the recent pandemic.

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