More Evidence Canadian Banks Are On The Verge Of A Banking Crisis

More Evidence Canadian Banks Are On The Verge Of A Banking Crisis. Banking Crisis In 2024? More Evidence The Housing Market Is Crashing! Canadian Banks Loans Going Underwater.
Get 3 months FREE from my VPN provider Express VPN: https://www.expressvpn.com/marketmania
Help support the channel and get access to videos early 👉 https://www.patreon.com/marketmania

You won't hear this on mainstream news outlets like City News, CTV News, CBC News, and Global News. You won't hear real estate agents or mortgage brokers making these comparisons either.

Please sign up for my FREE email list below 👇
https://forms.gle/W65GbBYCHyvmkcff9

Get $1000 of IBKR stock (my broker) 👉 https://ibkr.com/referral/luke983
Referral link to my currency broker Wise 👉 https://wise.com/invite/u/lukes810

🔴 FREE Spotify podcast - https://open.spotify.com/show/6J3mqWUzL2oBhqIVbb1zr7?si=6BWAegqhTUujyV4fqB07cQ

Instagram 👉 https://www.instagram.com/marketmaniaca/
Twitter 👉 https://twitter.com/MarketManiaCa
TikTok 👉 https://www.tiktok.com/@marketmaniacanada?lang=en

Sources
https://www.theglobeandmail.com/business/commentary/article-canadians-standard-of-living-economic-outlook/
https://www.thestar.com/business/majority-of-canadians-are-now-spending-more-than-they-are-taking-in-statcan-says-here/article_40e0159e-b6fc-11ee-aaed-839d0983b705.html
https://ottawa.citynews.ca/2024/01/23/canadian-grocery-price-comparison-2019-2024/
https://www.cbc.ca/news/canada/edmonton/edmonton-police-to-speak-to-extortion-series-targeting-south-asian-community-1.7087601#:~:text=A%20criminal%20network%20in%20India,executed%20by%20people%20in%20Edmonton
https://pressprogress.ca/international-students-dying-canada-federal-government-20230202/#:~:text=In%202021%2C%20Ontario%20funeral%20home,by%20suicide%20or%20other%20causes

#BankingCrisis #HousingMarketCrash #RealEstate

0:00 - $46 billion in loans going underwater
1:30 - The Real Estate Crash
3:00 - People who bought in 2021
5:30 - Oxford Economics says Canada is in a recession
8:30 - GDP and forecasts
10:25 - Loan loss provisions with the context of underwater loans
11:50 - Who owns the most of CIBC stock?
13:42 - My advice RIGHT NOW!