Man gives $76,000 to the bank in one year for his mortgage, including $74,300 in interest!
Channel: Proud Canadians Online
Date: 2024-01-25

Almost nothing to pay off the actual house. It's insane. 

We could have a major real estate crash when over-indebted homeowners have to renegotiate their mortgages at 6-7-8%. Many Canadians will lose their homes.

The federal government must balance the budget as soon as possible. Deficits fuel inflation and prevent the Bank of Canada from lowering rates.