Send us a text In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a packed week of news that directly affects Canadian homeowners, buyers, and investors. We start with the new federal budget: a $78B deficit, capital spending framed as “generational investments,” and big ticket items like $25B for housing, $30B for defense, and $115B for infrastructure—but almost no direct bailout for housing. What does that mean for interest rates, jobs, and home prices over t...
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Send us a text In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a packed week of news that directly affects Canadian homeowners, buyers, and investors. We start with the new federal budget: a $78B deficit, capital spending framed as “generational investments,” and big ticket items like $25B for housing, $30B for defense, and $115B for infrastructure—but almost no direct bailout for housing. What does that mean for interest rates, jobs, and home prices over t...
Episode 53: Ponzi Schemes, Tariffs & Housing Woes: A Hard Look at Canada’s Market
The Canadian Mortgage Show
50 minutes
2 months ago
Episode 53: Ponzi Schemes, Tariffs & Housing Woes: A Hard Look at Canada’s Market
Send us a text In Episode 53 of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks dive into the latest developments shaping Canada’s economy and housing market. They break down Canada’s shrinking GDP, the impact of U.S. tariffs on exports, and what’s really behind rumors of a Bank of Canada rate cut. The conversation also covers affordability challenges, the debate over 50-year amortizations, the Toronto condo market slump, Ponzi scheme allegations in real estate development, and th...
The Canadian Mortgage Show
Send us a text In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a packed week of news that directly affects Canadian homeowners, buyers, and investors. We start with the new federal budget: a $78B deficit, capital spending framed as “generational investments,” and big ticket items like $25B for housing, $30B for defense, and $115B for infrastructure—but almost no direct bailout for housing. What does that mean for interest rates, jobs, and home prices over t...