Worst in 15 Years... (And It'll get even worse when tariffs hit)
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In this episode, I look at Canada’s alarming surge in insolvencies, which hit a 15-year high in 2024. I discuss the economic pressures driving this trend, including rising costs, mortgage renewals, and looming U.S. tariffs. Plus, what could 2025 hold for Canadian businesses and consumers?
Also in this episode:
📊 A hidden $200 billion problem within Canada’s economy: interprovincial trade barriers that stifle growth and cost billions annually.
🚚 How regulatory red tape makes it easier to trade internationally than between Canadian provinces.
🏛️ The political roadblocks preventing Canada from fixing these costly trade issues.
💼 Could removing internal trade barriers make Canada’s economy more resilient against global shocks?
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The views and opinions shared on this channel are for informational and educational purposes only. Although previously licensed, the contributors are no longer industry participants and are not licensed to provide financial advice. They strive to provide you with educational information in an entertaining manner. Always do your own research and due diligence before investing. Generally speaking, you should consult a licensed investment professional before investing.
