Mortgage debt could be a ticking bomb: Royce Mendes

Royce Mendes, managing director and head of macro strategy at Desjardins, joins BNN Bloomberg for a look at Canada s mortgage market. Mendes says 202526 could pose a risk to the market when those who got variable rate mortgages at extremely low rates during the pandemic are up for renewal. Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: BNN Bloomberg is Canadas only TV service devoted exclusively to business, finance and the markets.