RE:RE:Reset The bankers want you to forget about the future and just continue to kick the can down the road. It's not your problem right now. You can't pay your monthly mortgage payments? That's ok, we have a perfect solution for you. We will give you negative amortization and when it's time for renewal hopefully the prime rate will be lower. This kind of way bankers do business these days is absolutely criminal and they are doing it at the expense of people having to work longer/delay retirement just to have enough for retirement.
Recessions are a natural part of the market cycle. It's not much different than you and I catching a cold/flu once a year. It's an inevitable part of life and Canada needs a major reset to cleanse itself from its own doing.