Episode 41: Mortgage Stress Test Could Be Scrapped—Game-Changer or Disaster?

Send us Fan MailIn this week’s episode, Alex Pang and Alex Shanks unpack the latest employment data, rental drama, and a growing storm of government mismanagement. Whether you’re a landlord, homebuyer, or just frustrated taxpayer—this one’s for you.Here’s what you’ll learn:Why unemployment is spiking—especially for students—despite “steady” wage growthThe professional tenant crisis in Ontario & BC and how platforms like OpenRoom.ca can protect landlordsWhat happened to CRA’s promised income verification tool? Has it quietly disappeared?OSFI may scrap the mortgage stress test—what income-based lending caps could mean for affordabilityWhy June 8th was Tax Freedom Day—and what that says about your hard-earned moneyAverage asking rents drop year-over-year—but are still way up from 2-3 years agoThe scandal around ArriveCan: $40M gone, 7-year vendor ban, but no one going to jail?Auditor General slams federal procurement as riddled with incompetence and corruptionCase scenario: Upsizing in a down market using a refinance strategyOntario recruiter fined for charging foreign workers thousands to work at Canadian TireFollow Our Host Alex Pang Alex Shanks