Canada Has 90 Days to Avoid a Recession (Here's How to prepare)

Video Description

Canada's biggest trade deal comes up for review on July 1st and the Bank of Canada is warning it could trigger a recession. With 1.15 million mortgages renewing this year into rates double what homeowners locked in during the pandemic, the timing couldn't be worse. Here's what's coming and how to protect yourself. Wealthsimple (get a $25 bonus): http://wealthsimple.com/invite/EFHNZW -Why the CUSMA trade agreement review on July 1st is the biggest risk to your mortgage in 2026 -The exact math behind the $500-$800/month payment shock hitting 60% of Canadian homeowners -How 84,000 job losses and rising tariffs are squeezing budgets from both sides -7 recession-proofing moves to protect your mortgage, TFSA, RRSP, and emergency fund before the storm hits -Which provinces face the highest risk — and what to do if you're in one of them What we cover in this video: ❓ What happens to my mortgage if Canada enters a recession? ❓ Should I lock in a fixed rate or go variable in 2026? ❓ How do US tariffs actually affect MY finances? ❓ What is CUSMA and why should I care about July 1st? ❓ How do I recession-proof my registered accounts (TFSA, RRSP, FHSA)? Chapters: 0:00 — The Clock Is Ticking 2:27 — What You'll Learn + Disclaimer 3:32 — The Domino Chain: How CUSMA Hits Your Wallet 8:31 — The $800/Month Payment Shock (Real Math) 14:19 — Who's in the Blast Radius 20:00 — The Recession-Proof Playbook (7 Moves) 27:19 — 5 Mistakes That Cost Canadians Thousands 31:16 — Your 90-Day Action Plan Links & Tools section: 📊 Bank of Canada Mortgage Renewal Analysis: https://www.bankofcanada.ca/2025/07/staff-analytical-note-2025-21/ 🏦 CMHC Mortgage Renewal Data: https://www.cmhc-schl.gc.ca/observer/2026/mortgage-renewal-wave-strains-some-regions-borrowers 💳 Wealthsimple (get a $25 bonus): http://wealthsimple.com/invite/EFHNZW The Maple Finance helps Canadians build wealth, cut taxes, and make smarter money moves one video at a time. Jay breaks down complex financial topics into simple, actionable steps so you can take control of your money. 🍁 Subscribe for weekly videos on TFSA, RRSP, FHSA, tax strategies, investing, and everything Canadian personal finance. Disclaimer:This video is for educational and entertainment purposes only. It is not financial advice. Always do your own research before making investment decisions. #MortgageRenewal #CanadaMortgage #CUSMA #RecessionProof #CanadianFinance #TFSA #RRSP #InterestRates #BankOfCanada #PersonalFinanceCanada