The UK fiscal crisis is worsening, sending bond yields higher. Governments refuse to reduce spending, and are increasing taxes further. Is this a cautionary tale for other sovereign debt markets like Canada? Our guest Liam Hallagan explains the debt doom loop and his friendship with Mark Carney.
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Trump fires the head of the BLS after job revisions. Weak data out of the US prompts further calls for rate cuts. Tariff revenue could match corporate income taxes. Toronto pre-sale market on the brink.
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Bank of Canada Holds rates again. Powell refuses to cut rates despite political pressures. US GDP comes in stronger than expected. Real Estate developers ask PM Carney to remove foreign buyer ban. Is Canadian media compromised by the CCP?
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Big fiscal deficits, trade wars, immigration, and monetary debasement with guest Pierre Poilievre. We discuss the outlook for Canadian energy, taxes, and Tiff Macklem.
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Inflation trending higher. Bank of Canada on the sidelines. Bitcoin and Gold surge higher amidst fiat debasement. Sovereign debt markets in distress. House prices leak lower in June.
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Canada's housing agency flags falling rents, scales back construction financing. Ontario sheds 10,000 college jobs as immigration curbs bite. Carney seeks $25B in cuts, and fewer government jobs. Markets are pricing in more growth and inflation, bond yields tick higher.
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The big beautiful bill passes, ensuring the next wave of fiscal stimulus. Financial markets are betting on a much looser interest rate policy. Will governments impose financial repression? The federal government drops the digital services tax. Germany pivots to natural gas. US jobs data comes in stronger.
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Can Ottawa unleash Canada's energy sector? NATO and the race for rare earth metals. Bill C-5 and what it means for new energy projects. The Loonie Hour sits down with energy expert Heather Exner-Pirot to discuss the inflection point for the future of Canada's Natural Resources.
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Canada just reported the third lowest quarter for population growth since the 1950s. Rents falling as rental housing construction remains elevated. National housing sales pickup in May. Elbows down, BC Ferries sell out to China. Gas cars are poised to get more expensive in Canada. Too late Powell, Fed holds rates.
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Is Canada’s red-hot real-estate machine finally seizing up? In this road-trip edition of The Loonie Hour (Ep. 192) we roll with housing analyst Ben Rabidoux to unpack a $900 million mortgage-fraud scandal, the cracks spreading through Canada’s economy and property market, and what higher rates, shrinking household cash-flow, and souring construction loans really mean for Canadians in 2025. Buckle up - this one’s shot in Ontario on location, five-camera 4K, amid limestone cliffs and cottage-country calm, but the data is anything but chill.
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Meet the crew
Hosted by Steve Saretsky, Keith Dicker, & Richard Dias
Special guest Ben Rabidoux
Shot & produced by Unforgettable Studios (Adam “DC” Darvay-Canavor & Alvin Keung)
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#TheLoonieHour #Macroeconomics #PersonalFinanceCanada
The Bank of Canada holds rates again, markets price out further cuts. Home sales tank in Vancouver, inventory surges in the GTA for the month of May. Bond Market concerns deepen.
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Pre-sale condos slump to levels last seen in the 1990's. Job losses pick up momentum. Bank earnings suggest more credit losses expected. Will the Bank of Canada cut rates next week? Trump tariffs head to court. The Japanese government vows to contain bond gitters.
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Core inflation jumps in Canada, potentially delaying rate cuts. Bond vigilantes take control of the bond market. Canada Pension Plan pulls the plug on Net Zero. Australia aims to tax unrealized capital gains.
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Carney's cabinet ministers spark controversy. Honda delays its $15B EV project in Canada, humiliating policy makers. Inflation falls, and bond yields are back on the rise. Western democracies close the door on immigration.
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Price declines continue in Canada's condo market. Central Banks will have to do QE once again. Carney heads to the White House. The UK and China cut rates. Goodbye Warren Buffett.
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Mark Carney elected as PM fuels speculation of Alberta separation. Trade agreement with Trump might come quicker than expected. Spain and Portugal become first countries to achieve Net Zero. US GDP contracts ahead of trade war. National house prices in Canada facing steepest correction in nearly four decades.
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Record 7 million Canadians voted during advance polls. What are the key battleground areas? Can the Conservatives surprise pollsters and pull off a victory. The fiscal bazooka is coming, will the bond market revolt? We are joined by pollster Quito Maggi of Mainstreet Research.
Check out Mainstreet Research Polling & Services Here: Visit https://www.mainstreetresearch.ca/ today to learn more!
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Canada inflation cools in March. Bank of Canada holds rates, signaling more uncertainty ahead. Will Mark Carney really unleash the Canadian energy sector? Our guest, Doomberg chimes in on the upcoming elections, ESG, and the fate of Canada's natural resource sector.
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Stocks and Bonds down. Trump panics and pauses tariffs for 90 days. Is a China currency devaluation imminent? We also cover the upcoming federal elections in Canada and are joined by John Manley and David Herle for political commentary.
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The tariff war goes global, what are the implications for various countries and the financial system? Stocks down, bonds up. Rate cut expectations increase. Mark Carney unveils his housing plan which includes paying for municipal development fees. Gas prices drop on removal of carbon tax. Pre-sale condo market unwinding.
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