Toronto Housing Has a Record Year in 2016

The video discusses Toronto's housing market, highlighting a significant price jump reminiscent of the 1989 crash. Concerns are raised about jumbo mortgages and potential impacts on homeowners. Government measures to cool the market are reviewed, with suggestions to look at Vancouver's approach. The video also covers Canadian job market trends, noting a potential decline in jobs but highlighting regional differences, such as Alberta's high unemployment and Quebec's low rate.

What potential impact could jumbo mortgages have on Toronto homeowners?

What are the expected job market trends in Canada based on the upcoming job numbers?