Page 11 - Sports Energy News, Cornwall, Issue No 154

www.sportsenergynews.com Issue #154 November 2025 11

Johnston - Continued from page 10 trillion in August—up 4.75% The growing concentration hit homeowners—it reverberates
kind of concentration is exactly (+$105.60B) from last year. Faster of mortgage debt amplifies across the whole economy.
what regulators warned against. growth than last year, but still household vulnerabilities. Unlike This kind of exposure distorts
It leaves households overexposed historically weak by Canadian credit cards or personal loans, monetary policy, as rate changes
to a single, interest rate-sensitive standards. Outside of the 2018 mortgages aren’t discretionary disproportionately hit housing
asset—housing. The risk extends slowdown and the post-2020 spending—households can’t cut and overcomplicates inflation
beyond borrowers, presenting rate shock, this pace hasn’t been back during a downturn. Both net readings and control. With credit
a risk to the broader economy. typical since 2002. worth and consumption are tied growth, GDP, and consumption
Canadian household debt remains Canadian Mortgage Debt to a single, illiquid asset. When increasingly tied to real estate, a
dominated by mortgages, which Concentration Amplifies housing drives both debt and household correction turns into an
rose 0.50% (+$11.49B) to $2.33 Economic Risks wealth, a correction doesn’t just economic shock.
VanderMeer - Continued from page 10 Now the only way to not be under lawyer prepare an offer. Many the date of posting this offer I have
company, they are forced to sign contract with a realtor is if the buyer buyers do not like to sign up long not come across any buyers who
a Buyers Rep contract, whereas is to be self-represented, which contracts so what I do is property were self represented, and I feel that
under the old system they could means absolutely no advice from specific contracts until the buyer is the ruling authorities have taken a
choose customer service if they a Realtor, and they would have to comfortable with my services and valuable tool away from buyers by
did not want to be under contract. do up their own offer or have their will sign a short term contract. As of not allowing customer service.
Continued from page 1 Quenneville household. Jax’s ROTARY CLUB OF CORNWALL’S ANNUAL HAM SALE IS BACK!
older brother, Keenan, is in his
former player in the OHL, ECHL, second season with the Hearst can you
AHL, and KHL. They also recently Lumberjacks of the NOJHL, where believe it?!
won the Thanksgiving Throwdown the team currently sits first in the
Showcase tournament in Cornwall. league.
“He’s great with the kids and the “Jax looks up to his older brother
boys love playing for Coach Todd Keenan,” said Quenneville.
and his assistant coaches,” said Al “Seeing my boys love the game
Quenneville, Jax’s father. like I do and work so hard for what
Jax’s enthusiasm for the game is they want is great! The best part of
as noticeable as his scoring touch. this is they are good kids and great
Jax channels that excitement into teammates! I always tell them to
hard work. work hard, have fun and be a good
“Jax loves scoring goals, teammate!” only
celebrating like his favourite player With determination, family $30!!
Cole Caufield from the Montreal inspiration, and a love for the game I’m IN!! I will support
Canadians,” said Quenneville. “He that shines through every shift, Jax the Rotary Club
wants to be the hardest worker on Quenneville is carving out his own of Cornwall!
the ice and to be a dog on the puck.” path — one goal, one celebration,
Hockey talent runs deep in the and one team win at a time!