Inside the 2025 Debt Crisis: Delinquencies, Renewals, and Household Stress

In an interview-style podcast, two speakers delve into the current state of the economy and financial behaviors, particularly focusing on real estate and debt. They discuss the diverging financial experiences of different groups, with one speaker highlighting a sense of resignation among younger individuals who feel homeownership is unattainable. The conversation covers various debt types, including credit cards, car loans, and mortgages, and observes a rise in risky financial behaviors. They also address the impact of underemployment and job losses in specific sectors, and the discussion concludes with a tempered optimism about Canada's long-term prospects, emphasizing personal financial responsibility and adaptability.