Supersized mortgages impaling Canadian households

Many Canadians are indebted to try and afford their lifestyle, others have been counseled by self-serving sales people to borrow money to ‘invest’. At the end of each cycle, asset prices mean revert but the debts remain.

Scott Terrio, estate administrator at Cooper and Company, says Canadians are taking on too much mortgage debt.

Here is a direct video link.

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