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Description

The episode kicks off with a sponsor message from Real Approved Inc., followed by a discussion on the Bank of Canada's interest rate decision and industry reactions. It analyzes U.S. tariffs affecting the Canadian economy, prospects of future rate cuts, and a CMHC update on housing affordability. Financial aspects of housing affordability are examined, alongside implications of the federal budget and Buy Canadian policy. A comparison of rate cuts by the U.S. Federal Reserve and the Bank of Canada is provided, leading to insights into Hamilton's real estate downturn and Halton Hills. The rise of mortgage brokers in Ontario is also highlighted, concluding with closing remarks and a sponsor message.