EPISODE · Nov 6, 2025 · 7 MIN
Canada’s Household Debt Crisis: Why Interest Is Eating Our Future
from The Wise Old Owl Podcast · host Vince Gaetano
Canada’s household debt crisis is spiralling out of control — and nobody’s talking about it. With over $2.9 trillion in household debt, Canadians are now spending 17 cents of every dollar just to cover interest. Mortgages are resetting, credit lines are maxed out, and families are suffocating under higher payments.Welcome to The Owl Mortgage Podcast, hosted by Vince Gaetano and co-host Cristina Minatel.Each week, Vince and Cristina break down the latest news, market trends, lender updates, and mortgage announcements affecting Canadians. From interest rates and housing policy to insider industry insights and practical advice for homebuyers, homeowners, and investors, they make complex topics easy to understand.Whether you're buying your first home, renewing your mortgage, refinancing, or simply trying to stay informed, you'll get honest conversations, expert analysis, and a few laughs along the way.Tune in every week for new episodes and discover the information that could help you make smarter mortgage decisions.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/
Embed this episode
What this episode covers
Canada’s household debt crisis is spiralling out of control — and nobody’s talking about it. With over $2.9 trillion in household debt, Canadians are now spending 17 cents of every dollar just to cover interest. Mortgages are resetting, credit lines are maxed out, and families are suffocating under higher payments. Welcome to The Owl Mortgage Podcast, hosted by Vince Gaetano and co-host Cristina Minatel. Each week, Vince and Cristina break down the latest news, market trends, lender updates, ...
Ready to play
Canada’s Household Debt Crisis: Why Interest Is Eating Our Future
No transcript for this episode yet
Similar Episodes
No similar episodes found.
Similar Podcasts
No similar podcasts found.