Canada's Unemployment Surge: Causes and Consequences

ca.investing.com/analysis/canadas-unemployment-surge-causes-and-consequences-200583813

By Brandon Beavis | Nov 07, 2023 07:43

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In this video, we discuss the recent Canadian unemployment numbers, and they are going up. What is the cause of the job market problems? Is it immigration? A lot of people say that. Is it young people returning to work after taking time off to spend Covid-19 benefits? We'll discuss.

Also on this episode, an RBC (TSX:RY) report shows that there are around $900 BILLION worth of mortgages coming due in the next three years, and if high interest rates persist it will cause a shock to both homeowners and banks. And, it looks like the BC legislation that targets short-term rentals like Airbnb (NASDAQ:ABNB) is having an effect.

This content was originally posted on the Beavis Wealth's YouTube Channel

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Comments (1)

Bryan Woods Nov 09, 2023 9:56

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Canada's Unemployment Surge: Causes and Consequences

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