Very educational video which can effect a lot of dividend paying stocks like DiV, SRV .UN ( restaurant chains) REITS like plazas FCD.UN , SRU.UN because of lower disposable income for a lot of people. It will probably effect even Canadian banks the reason I sold TD long time ago and rather bought US Citibank ( two accounts up 25, 30 % as of now) and MAIN which pay me a special dividend this month besides regular one. ( up 11 % as of now) That is all from financials in my portfolio. Everything will depend how fast and how much Bank of Canada will drop interest rates . I remember coming to Canada in 1989 right into real estate recession/ correction when prices dropped on average 30/40 % . Bottom of correction was in 1994.
https://youtu.be/42dIpVTzV04?si=2dE9YsCMnHPC_DUI