Description

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 the next few years?

Then we dig into:

• Plans to cut public service positions by ~40,000, trimming federal headcount from about 368,000 down to 330,000. 
• A new “productivity super deduction” that could let companies write off capital investments faster and potentially attract more business investment and jobs into Canada. 
• Major immigration and student visa changes, including a plan to drastically reduce new temporary residents and the ripple effects on student rentals and investor strategies. 

The second half of the episode goes deep on the Richmond First Nations land claim and what it could mean for property rights across BC and beyond. We talk about:

• A Richmond homeowner being told their mortgage won’t be renewed because of the claim. 
• A councillor saying a bank pulled $100M in financing on a project due to title uncertainty. 
• Legal experts warning that, after the Cowichan ruling, Aboriginal title can trump fee simple title and that 95% of BC land is under some form of claim.

We close with practical takeaways for diversifying your wealth beyond just your home, what to watch for as these court cases unfold, and why “no news” in the budget for housing is actually a very big story.

Timestamps & chapters below. Don’t forget to like, subscribe, and drop your questions in the comments—especially if you’re in BC or own in a land-claim area.