/biz/ - Business & Finance

>fastest rising interest rates of developed economies
>equity being taken out of homes fast (the only reason canadians have money)
>mother's home could've been sold for 2.8m in feb; probably 1.8 with a good realtor now
>developers pausing projects all over the place
>people protesting and getting sued when trying to back-out of their pre con assignments
>HELOC rate through the roof
>wage spiral upwards (mainly in public sector / unionized construction) but not keeping up with COL
>labour market stubbornly holding up; USA signaling more rate rises = Canada isn't stopping
How do we profit from this?