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wow so this week the biggest Financial regulator in Canada the ones who write the rules that the big banks have to follow made a major change to one of their requirements in order to prevent the destabilization of the Canadian Financial system hinting that Banks and Canadian individuals should be preparing for a rather tough 2023 and this change isnt going to just impact the big Banks itll actually have an impact on many different groups of Canadians especially including people who are just struggling to make ends meet amidst the higher cost of living as well as anybody who has any exposure to the Canadian real estate market or is looking at buying a house in the next number of years so why dont we talk about what this change is the thing that theyre afraid of that prompted this change as well as how it could impact you directly so lets Dive Right In and of course if you havent already subscribed make sure to subscribe to the channel to keep on getting Canadian focused Financial