Is CIBC Going to be the first Canadian Bank to go BUST? As the inflationary recession takes Canada.
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You won't hear this on mainstream news outlets like City News, CTV News, CBC News, and Global News. You won't hear real estate agents or mortgage brokers making these comparisons either.

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Sources
https://ca.finance.yahoo.com/news/posthaste-poll-finds-lot-canadians-120228299.html
https://x.com/MarketManiaCa/status/1704574512187195627?s=20
https://www.reuters.com/markets/how-risky-is-it-extend-canadian-mortgage-amortizations-2023-06-27/#:~:text=Negative%20amortization%20is%20a%20situation,high%20as%20the%20trigger%20rate.
https://archive.ph/kFPJh
https://www.theglobeandmail.com/business/article-mortgage-borrowers-td-bmo-cibc-homeowners/
https://www.theglobeandmail.com/business/article-cibc-osfi-mortgage-underwriting/
CIBC Stock - https://www.google.com/finance/quote/CM:TSE?window=1Y
BMO Stock - https://www.google.com/finance/quote/BMO:TSE?window=1Y
TD Stock - https://www.google.com/finance/quote/TD:TSE?window=1Y
Bond List - https://www.questrade.com/docs/librariesprovider7/default-document-library/questrade_bonds_list.pdf

#BankingCrisis #CIBC #MortgageCrisis

0:00 - They are thinking of selling
1:00 - Holding on
2:00 - Massive amount of supply potentially
2:50 - If we just build more homes
3:45 - Speculation demand
4:10 - CIBC problems
5:08 - Subprime is contained
6:08 - Underwriting problems
7:10 - Random audit
7:45 - Diversify from CIBC
8:20 - Profit margins in 2020 and 2021
9:25 - Negative amortizations at big banks
9:52 - How risky are negative amortizations?
10:30 - Growth of mortgage debt
11:10 - Rising debt no income to pay it back
11:58 - CIBC stock
12:25 - Consumer
12:50 - Prime borrowers
13:25 - Calgary
14:10 - TD Bank stock
14:38 - What the Bank of Canada said
15:28 - We’ve seen this play before
15:50 - Foreclosures
16:24 - OSFI comments
17:00 - My warning