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Showing episodes and shows of
Steve Saretsky
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The Loonie Hour
The Canadian Housing Bust- w/ Ben Rabidoux | Loonie Hour Road Trip Episode 192
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.Offers for Loonie Hour listeners:Neighbourhood Holdin...
2025-06-13
1h 20
The Loonie Hour
Tariff Wars in Canada- w/ guest Danielle Smith
We are joined by Alberta Premier Danielle Smith to discuss trade negotiations, the currency, and our natural resources. The Bank of Canada cuts rates again. Policy makers preparing for helicopter money, and more global uncertainty. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in over 150 countries! Check out Saily at saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first p...
2025-01-31
1h 22
The Loonie Hour
Political Turmoil as Public Sentiment Swings to the Right
Canada's CPI inflation slowed in December. Will inflation perk up again this year? The bond market says one more rate cut for the Bank of Canada. Policy makers are swinging to the right as public sentiment shifts. Scrapping the Carbon tax and Capital gains tax. The UK debt market barreling towards a crisis provides insights for other western countries on managing deficits. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more!See omnystudio.com/listener for privacy information.
2025-01-24
1h 06
The Loonie Hour
Are Tariffs Looming on Canadian Oil?
Alberta refuses to sign on with Trudeau's proposed retaliatory tariffs. Toronto new condo sales hit 28 year lows as property taxes surge. Is Mark Carney the next prime minister already? US CPI cools, bringing relief to the bond market. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in over 150 countries! Check out Saily at saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% of...
2025-01-17
1h 06
The Loonie Hour
Trudeau Resigns, Leaving Parliament Frozen for Months- w/guest Kate Harrison
Unpacking the Trudeau prorogation. When will the next federal election be? Budget deficit is likely larger than $62B. Canadian oil exports to the US hit record highs. UK Gilt market having another crisis moment. China bond market forecasting more doom. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Check out Kate Harrison and her team's work at Summa Strategies here!https://summastrategies.ca/See omnystudio.com/listener for privacy information.
2025-01-10
1h 14
The Loonie Hour
Wild & Unexpected Predictions for 2025
Bond yields will tumble amidst debt deflation in China, propelling lower mortgage rates in Canada and higher house prices. The US stock market will see a large correction and usher in a recession in the US. The Euro will crash as the German economy sinks. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in over 150 countries!Check out Saily at https://saily.com/looniehour and us...
2025-01-03
59 min
The Loonie Hour
Sovereign Debt Markets Facing Turmoil in 2025?
Bond yields rising as central banks cut rates. Canadian housing faces rising defaults in new construction space. China’s bond market flashes red, awaiting giant stimulus. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more!See omnystudio.com/listener for privacy information.
2024-12-27
1h 00
The addy Podcast
#71 - Untangling BC's Real Estate Challenges with Steve Saretsky and Mark Goodman
In this episode, Stephen Jagger, co-founder of addy, sits down with Steve Saretsky, a leading residential realtor and host of the Looney Hour podcast, and Mark Goodman, a top commercial real estate broker, to discuss the pressing issues and opportunities in BC's real estate market. Together, they delve into topics like housing supply challenges, the impact of taxes on development, rental market trends, and what lies ahead in 2025 for residential and commercial real estate. Whether you're an investor, developer, or just curious about the future of real estate, this conversation is packed with valuable insights and actionable advice. Key...
2024-12-21
1h 05
The Loonie Hour
Chaos in Ottawa! Budget Deficit Explodes to $62B
Finance minister Freeland resigns, Trudeau government hangs in the balance. Budget deficit explodes to $62B, surpassing the fiscal guardrails. The Loonie tumbles dropping to 69 cents. The US Fed cuts rates, says inflation target won't be hit until 2027. Coal usage hits record highs on Chinese demand. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more!See omnystudio.com/listener for privacy information.
2024-12-20
1h 12
The Loonie Hour
Bank of Canada will Keep Cutting Rates into Falling Loonie- w/ guest Ben Rabidoux
Bank of Canada slashes rates by another 50bps. The Labour market is getting worse. The Fed might be done cutting rates later this year but the BoC isn't. Rents continue to drop in major metros. Record supply under construction. Immigration system needs an overhaul as asylum claims surge. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in over 150 countries! Check out Saily at saily.c...
2024-12-13
1h 07
The Loonie Hour
Toronto Condo Completions are Heading to Zero by 2030
Housing sales plunging means no new housing by 2030. Former BoC governor Poloz says we are in a recession. Canadian businesses struggling with Canada Post strikes. Powell at the Fed signals rate cuts might be over. Bank of Canada on deck next week. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in over 150 countries! Check out Saily at saily.com/looniehour and use our promo...
2024-12-06
1h 02
The Loonie Hour
Canadian Energy Sector Faces Trump Tariffs - w/ guest Heather Exner-Pirot
Vibecession in Canada. Jobs not keeping pace with immigration. Emissions cap and Trump tariffs, what is the fate of the Canadian energy sector? GST holiday gets a boost in Ontario. The Eurozone continues to circle the drain in large part due to poor energy policy. Check out Heather Exner-Pirot's Research Here:https://heatherexnerpirot.com/about Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in...
2024-11-29
1h 14
The Loonie Hour
Real Estate Developers are Failing at an Alarming Rate
Developer Insolvencies Surge to 10 year high. Private Credit funds shut the gates. Inflation ticks higher, stoking concerns for the Bank of Canada. No GST for the holidays, Trudeau opens up the cheque book. Budget deficit concerns increase. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more! Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet access while you're away in over 150 countries!Check out Saily at https://saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off yo...
2024-11-22
1h 09
The Loonie Hour
Canadian Pensions Facing Financial Repression
The Canadian dollar continues to weaken. Canada Pension plans gets political, potentially locking capital in Canada. The German economy continues to sputter. Housing activity bounces on rate cut optimism. Start an investment portfolio that's built to perform with Neighbourhood Holdings. Visit www.neighbourhoodholdings.com/looniehour to learn more!See omnystudio.com/listener for privacy information.
2024-11-15
1h 06
The Loonie Hour
How Canada's Immigration System Imploded- w/ guest Mikal skuterud
Canada's immigration demise was years in the making. Trump gets back to the White House, what are the market implications? Stocks, crypto and bond yields surge higher. The Federal government continues to punish the Oil & gas sector, implementing defacto production caps. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Get your travel data sorted with Saily and enjoy smooth, safe, and re...
2024-11-08
1h 17
The Loonie Hour
The Canadian Dollar Falls to a Four Year Low
The Canadian dollar has tumbled to its lowest levels in 4 years. Canada GDP slows, sets the stage for another rate cut from the Bank of Canada. US election to bring increased volatility to financial markets. The UK gilt market gets its second warning. The German industrial base is suffocating. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Get your travel data...
2024-11-01
56 min
The Loonie Hour
Bank of Canada Delivers Jumbo Rate Cut- w/ guest Tian Yang
The Bank of Canada delivered a 50bps rate cut and signalled more to come. The Bond market hasn't budged. Money is still flowing out of China as the economy wobbles. The Trudeau government announces immigration cuts, population growth to zero next year. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Get your travel data sorted with Saily and enjoy smooth, safe, a...
2024-10-25
1h 06
The Loonie Hour
Financial Markets Anticipate the Next Round of Easy Money
Canada CPI falls well below expectations, sets up a jumbo rate cut next week. European Central bank slashes rates again. Stocks, the USD dollar, and gold all rise on an easing of financial conditions. Will the bond vigilantes return? Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Get your travel data sorted with Saily and enjoy smooth, safe, and reliable internet ac...
2024-10-18
58 min
The Loonie Hour
Bond Yields, Oil Prices, and Inflation Moving Higher as Central Banks Cut Rates
The Federal government proposes an empty land tax. Former BoC deputy governor says 50bps cut is coming. Oil prices move higher along with long term bond yields. US CPI comes in hotter than expected. Central banks easing globally into higher inflation? Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Get your travel data sorted with Saily and enjoy smooth, safe, and rel...
2024-10-11
55 min
The Loonie Hour
The Race to Zero, Liquidity Measures Turning Higher
Central banks are aggressively easing and liquidity measures are turning up. Geopolitical conflict is ramping up, putting upwards pressure on oil prices, could this stoke another wave of inflation? Toronto and Vancouver Real Estate see rising inventory levels despite lower rates. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Get your travel data sorted with Saily and enjoy smooth, safe, and rel...
2024-10-04
57 min
The Loonie Hour
Central Banks are Panicking to Inject Liquidity
OSFI removes mortgage stress test on renewals. The BC Government will help you buy a home. Has Canadian energy peaked? Microsoft bets big on Nuclear energy and AI. The Chinese have fired the liquidity bazooka to try and revive its economy. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-09-27
1h 01
The Loonie Hour
Feds Prop Up Housing Bubble with Jumbo Mortgages- w/ guest Ron Butler
The federal government shocks the market by pushing CMHC insured mortgages up to $1.5M. The Bank of Canada finally gets inflation back down to 2%. The Federal Reserve surprises markets, cuts rates by 50bps. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-09-20
1h 15
The Loonie Hour
The Canadian Labour Market Continues to Deteriorate
The unemployment rate moves higher. Rental and housing market continues to soften. The ECB cuts rates, more to come as the German economy weakens. US CPI comes in hotter than expected ahead of the Fed meeting next week. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-09-13
58 min
The Loonie Hour
Bank of Canada Cuts, Rents Fall, and the NDP pulls the plug on Trudeau Bank of Canada Cuts, Rents Fall, and the NDP pulls the plug on Trudeau
The BoC cuts rates again, cautions home prices could rise. NDP kills the coalition with the liberal government, is a federal election coming soon? Rents falling in University cities, mortgage rates drift lower. US job market weakens as stock market wobbles. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Check out Saily at saily.com/looniehour and use our promo code...
2024-09-06
54 min
The Loonie Hour
The Federal Government Pulls a U-Turn on Immigration
The Liberal government says they will change the temporary foreign worker program to slow immigration further. More signs of a weakening labour market. Canadian banks write off more bad loans. Toronto new home sales plunge to levels we've never seen before. Net zero without Chinese EV's. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Check out Saily at saily.com/looniehour a...
2024-08-30
59 min
The Loonie Hour
Fixing the Housing & Immigration Crisis- w/ guest Dr. Mike Moffatt
Canada CPI inflation comes in lower, cementing another rate cut from the Bank of Canada. Economist and political insider Dr. Mike Moffatt explains how housing and immigration went so wrong, so quickly, and how to fix it. US jobs data gets revised nearly 1 million jobs lower ahead of Powell speech. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Check out Saily...
2024-08-23
1h 24
The Loonie Hour
Canada’s Foreign Worker Program a Breeding Ground for Modern Slavery?
The UN accuses Canada's foreign worker program as modern slavery. The feds will convert these low skill immigrants to permanent residency status. Real Estate insolvencies surge to highest levels in more than two decades. Consensus calls for more rate cuts from the BoC and the Fed. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Check out Saily at saily.com/looniehour...
2024-08-16
57 min
The Loonie Hour
Bank of Japan Rate Hike Sends Financial Markets into a Panic
The Yen carry trade blows up after BoJ announces surprise rate hike. Markets call for immediate rate cuts. AirBnb data in Canada suggests governments are misguided. Temporary foreign workers surge, pushing youth unemployment higher. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-08-09
1h 10
The Loonie Hour
The Politics of Climate Change in Canada w/ guest David Knight Legg
Was the devastation of Jasper National Park avoidable? Who's to blame? What ails the Canadian economy, and how to cut the green tape. Lowering emissions globally will require Canadian LNG. Bond yields tumble, Fed set to cut, financial markets are moving. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) Check out Saily at saily.com/looniehour and use our promo code...
2024-08-02
1h 22
The Loonie Hour
Bank of Canada Cuts Rates, Signals More to Come
The BoC cut rates, highlighting excess supply and concerns over a weakening labour market. The Canadian dollar continues to weaken, with more rate cuts expected. US GDP came in stronger than expected, perhaps delaying any rate cuts in the US. Repo issues brewing in Canada, suggesting collateral concerns are growing at some banks. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com) ...
2024-07-26
58 min
The Loonie Hour
Markets Calling for More Rate Cuts from the Bank of Canada
Twinkie bets are live! Markets are calling for a rate cut next week and more to come. Lagging shelter inflation could bring CPI even lower. More pain to come for Real Estate developers. Political volatility is increasing. The death of ESG and DEI? Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-07-19
58 min
The Loonie Hour
An Exodus of Capital Threatens the Chinese Economy- W/ guest Michael Nicoletos
Foreign direct investment has turned negative in China as capital leaves. The property market is wobbling and threatens to bring deflation to the rest of the world. The devalued Japanese Yen is creating headaches for the Chinese manufacturing sector. What are the implications for Canadians? Loonie Hour Social in Montreal Tickets: https://www.eventbrite.com/e/loonie-hour-montreal-social-july-18-tickets-941728173317?aff=oddtdtcreator Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF Z...
2024-07-12
1h 11
The Loonie Hour
The Housing Bubble Is Slowly Deflating
Home sales in Vancouver & Toronto plummet. Policy makers are doubling down on bad policy. Stories of financial stress are mounting. ISM services index falls to levels last seen during the depths of the pandemic. The presidential election heats up. Tickets to Montreal Loonie Hour Social: https://www.eventbrite.ca/e/loonie-hour-montreal-social-july-18-tickets-941728173317?aff=oddtdtcreator Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.co...
2024-07-05
1h 03
The Loonie Hour
Rent Inflation is Squeezing the Bank of Canada
Rent inflation surged pushing the CPI basket higher. The Liberals lose an important by election in Toronto. Will JT resign? Toronto new home sales fall off a cliff. The labour market weakens for new immigrants. The Japanese yen continues to roll lower, a key signpost for the global sovereign debt bubble. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.c...
2024-06-28
1h 10
The Loonie Hour
Record Short Position on the Canadian Dollar
Cities are taking housing accelerator funds and then raising development fees to crush supply. Canada's population surges again. Living standards have not improved in 7 years. Government muzzles oil and gas companies from promoting fossil fuels. Speculators have a record short position on the loonie. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-06-21
1h 10
The Loonie Hour
Hawkish Powell Says Fed Will Only Cut Rates Once
US CPI data came in softer than expected but that didn't sway the fed. Projections now call for one cut this year. Producer prices are outright declining. Canadian housing can't be fixed, surging taxes killing development. The pendulum is swinging to the right as voters reject the status quo. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener f...
2024-06-14
1h 02
The Loonie Hour
The Rate Cutting Cycle Has Begun
Bank of Canada slashes interest rates, suggests more to come. The ECB also cuts rates, is the Fed next? Economic data is now softening in the US. Why this probably won't save the Canadian housing market. Private debt fund in Canada halts redemptions in a sign of things to come. Foreign interference corruption in Ottawa. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)
2024-06-07
1h 08
The Loonie Hour
Canadian Households Need to Adjust to Higher Mortgage Rates - w/ guest Doug Porter
We are joined by BMO's chief economist Doug Porter. The Bank of Canada will cut, probably in June. Don't expect bond yields or fixed mortgage rates to budge. Inflation is nearly defeated in Canada but not the US. Weak investment in Canada to continue with capital gains increases. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U. BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/l...
2024-05-31
1h 10
This is VANCOLOUR
Why are British Columbians leaving the province? (Steve Saretsky)
This is VANCOLOUR host Mo Amir chats with real estate analyst Steve Saretsky to understand why so many British Columbians are leaving the province. Why are so many of Mo's friends leaving B.C.?Recorded: May 27, 2024
2024-05-31
08 min
The Loonie Hour
Inflation Drops Ahead of Bank of Canada Meeting
CPI drops back within the Bank of Canada's target range, will it be enough for a cut in June? Population growth surges with some cities growing more than 6%. AirBnb bans will hit the tourism sector in some Canadian cities. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U. BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-05-24
1h 06
The Loonie Hour
Markets Melt Higher as Economic Data Weakens
US CPI cooled last month, along with retail sales. Canadian job numbers surprise to the upside giving further hesitation for the Bank of Canada. Banning China EV's, batteries and solar panels despite the war on climate change? Financial Markets drift higher. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U. BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-05-17
1h 02
The Everyday Millionaire
TEDM – Steve Saretsky – Market Mechanics: Mastering Investment Amid Inflation and Taxes (Episode 193)
In this episode of the Everyday Millionaire podcast, Patrick Francey and Steve Saretsky take a deep dive into Vancouver and British Columbia’s real estate markets, uncovering critical challenges and emerging trends that all investors and homeowners should know about. Despite efforts to curb speculation, Vancouver remains one of the most expensive cities in North America due to high immigration rates, a persistent supply-demand imbalance, and strict financing conditions that restrict developers from increasing new housing supply. Landlords face increasingly harsh rent control measures, which often limit them to the point of either selling their properties or mo...
2024-05-14
1h 03
The Loonie Hour
The Central Bank Endgame- w/ guest Grant Williams
Governments are broke, and central banks are trying to maintain the illusion of stability. The next decade will not be like the last one, prepare for volatility. Inflation, interest rates, and political risks abound. House prices have created massive inequality and threaten social stability. Where do we go from here, and how do we plan for the central bank endgame? This week's interview with special guest Grant Williams. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U...
2024-05-10
59 min
The Loonie Hour
Currency Crisis in Japan?
The Japanese Yen has fallen almost 50% against the US dollar since 2020. Attempts to intervene are failing. The USD needs to go lower through Fed easing. The Bank of Canada desperately wants to cut. GDP on a per capita basis is still contracting. Mortgage renewals finally starting to bite? Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U. BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com...
2024-05-03
1h 04
The Tom Storey Show, 🇨🇦 Real Estate
🇨🇦 Canada To Build 3.9 Million Homes By 2031 with Steve Saretsky
***Start Your Realty Ninja Real Estate Website*** Free Trial and 20% Off your first year: https://www.realtyninja.com/tom - - - In the recent federal budget put forth by the Canadian Government, Justin Trudeau claims the Liberal Party of Canada will build 3.9 Million new homes in the next 7 years. That is more than DOUBLE the highest annual building of homes the country has ever done and sustained for 7 years straight. In this episode of The Tom Storey Show, Steve Karrasch and Tom Storey catch up with the co-host of The Loonie Hour, Steve Saretsky of Oakwyn Realty to...
2024-04-28
1h 08
The Loonie Hour
How China is Interfering in Canadian Elections, Exposing Corruption w/ guest Sam Cooper.
How China is interfering in federal elections in Canada, spreading fentanyl, and exacerbating a housing crisis. Special interview with independent journalist Sam Cooper. Check out Sam's book, Willful Blindness. We also discuss markets pricing out fed rate cuts, weak Canadian retail sales, and stagflation concerns. See omnystudio.com/listener for privacy information.
2024-04-26
1h 12
The Loonie Hour
Federal Budget Predicts Falling Interest Rates, No Recession?
The federal government dropped their latest budget which predicts no recession and falling interest rates. Will this make the Bank of Canada's job more difficult? Increased capital gains taxes will come with consequences, particularly for entrepreneurs. Who is really running the show in Ottawa? Robert Asselin, former economic advisor to finance minister Morneau joins the podcast. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.c...
2024-04-19
1h 05
The Loonie Hour
US Inflation Derails the Bond Market
This week's episode we are joined by Chace Barber of Edison Motors to discuss the government grant scandal impacting their EV truck company. We then discuss US inflation, surging bond yields, desperate housing policy changes. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 2023. Based on $11billion in AUM in ZSP and ZSP.U.BMO S&P 500 Index ETF ZSP | BMO Global Asset Management (bmogam.com)See omnystudio.com/listener for privacy information.
2024-04-12
1h 10
The Loonie Hour
Are financial markets getting complacent?
Government spending pouring fuel on the fire at the Bank of Canada. Bond yields pushing higher as growing concerns over fewer rate cuts. Oil continues to climb higher. Are financial markets getting complacent? Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-04-05
1h 11
The Loonie Hour
Immigration Cuts Could Push Canada into Hard Landing- w/ Ben Rabidoux
Immigration Minister announces big cuts to population growth. How will this slow the economy and rents? Rabidoux thinks the Bank of Canada will have to cut rates more than expected. OSFI keeps the mortgage stress test on lender switches. Trudeau announces renters bill of rights. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26 Check out Ben Rabidoux's work at Edge Analytics Research: https://edgeanalytics.ca/See omnystudio.com/listener for privacy information.
2024-03-29
1h 06
The Loonie Hour
Central Banks are Going to Cut Rates into Accelerating Inflation
Canadian house prices bounce higher. Inflation dips in Canada. Central banks around the world are preparing to cut rates as commodity prices jump and financial markets rip. The Federal Government starts buying mortgage bonds. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26 Check out Manscaped at manscaped.com and use our code "LOONIEHOUR" to get 20% OFF when you purchase The Handyman!See omnystudio.com/listener for privacy information.
2024-03-22
1h 07
The Your Life! Your Terms! Show
Steve Saretsky - What Does Real Estate Look Like In Canada Over The Next 5 - 10 Years?
On this episode of the Your Life! Your Terms! Show we sit down with Steve Saretsky. He is one Canadian who is not shy to share his opinions on price trends, cost of living, interest rates, government policies and we cover it all in this episode. It's rare to find someone so young who has as much experience and perspective as Steve. He's also one of the co-hosts of the Loonie Hour, a super popular Canadian podcast. You can find links to his Twitter, YouTube channel and the Loonie Hour by visiting https://linktr.ee/stevesaretsky
2024-03-22
1h 02
The Loonie Hour
Canadian Living Standards are Falling
Premiers across the country are demanding Trudeau to pause the Carbon tax increase. US inflation jumps on higher producer prices. The crypto bull market is back. Rich takes the helm at the Bank of Canada. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26 See omnystudio.com/listener for privacy information.
2024-03-15
1h 03
The Loonie Hour
Canadian Businesses are Failing at the Highest Rate Since 2006
Business insolvencies are surging. Mortgage arrears are climbing, albeit coming off record lows. The Bank of Canada holds rates. Federal Government attempting to mandate allocation of pension dollars. Markets awaiting US jobs data this week. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26 See omnystudio.com/listener for privacy information.
2024-03-08
59 min
The Loonie Hour
No Rate Cuts from The Bank of Canada this Year?
Tiff Macklem is on deck next week. Bitcoin hits record highs in Canadian dollars. Financial conditions are easing, pushing US equities and inflation higher. Canadian banks report earnings, the mortgage renewal wall is still a very big problem. GDP per capita declines for the sixth straight quarter. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/find-an-etf/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-03-01
1h 03
The Loonie Hour
Canadian Farmers are Bracing for Tough Times Ahead- w/ guest Shaun Haney
Commodity prices are falling, interest rates are up, and government policy is hurting Canadian farmer profits. Inflation in Canada plummets as retail sales slide. More politicians are looking for rate cuts. Troubles are mounting at European banks. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-02-23
1h 11
The Loonie Hour
Higher for Longer? You can thank the US Economy
CPI inflation came in hot once again in the US. Bond yield volatility surges. Markets removing rate cut expectations. Recessions in Japan and the UK. Construction costs in Canada are finally coming down. The $60M ArriveScam issue. The carbon tax rebrands. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-02-16
58 min
The Loonie Hour
Real Estate Crisis Brings Deflation to China
US jobs numbers come in hotter than expected, boosting bond yields higher. Jerome Powell speaks on 60 minutes interview. Canadians could be jailed for promoting the benefits of oil and gas. China is experiencing deflation, deepening financial woes. Commercial property bust leaks into Europe. eck out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-02-09
1h 04
The Loonie Hour
The Economic Shock Will Come from Outside the US
Commercial Real Estate is dragging global banks lower. Powell pushes back rate cuts. The return of bidding wars in the housing market? Europe is drifting towards deflation. China property crisis deepens, Evergrande to liquidate holdings. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-02-02
1h 02
The Loonie Hour
Nobody is Positioned for a Second Wave of Inflation- w/ guest Tian Yang
Bank of Canada holds rates, but signals transition. Federal Government caps immigration of foreign students. Business bankruptcies in Canada are soaring. US GDP comes in hot, defies recession calls. ECB holds rates. China financial risks and how they impact Vancouver Real Estate. Special interview with Tian Yang, CEO of global macro research firm Variant Perception. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 Check Out The Variant Perception Here!https://www.variantperception.com/ Check out Addy! The largest institutional-grade commercial real estate investing p...
2024-01-26
1h 10
The Loonie Hour
Hopes of Rate Cuts from the Bank of Canada are Starting to Fade
Core inflation in Canada came in hotter than expected. Immigration continues to pressure shelter inflation, creating further challenges for the Bank of Canada. The Feds contemplate limiting foreign students in several provinces. Bond yields push higher. Nuclear energy coming to Alberta. The World Economic Forum kicks off. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-01-19
1h 13
The Loonie Hour
Inflation Jumps Higher than Forecasted- w/ guest Jared Dillian
Inflation remains sticky but the Fed will still cut. Could this spark a second wave of inflation? Guest Jared Dillian, author of The Daily Dirtnap suggests the stock market is on the cusp of a pull-back. Trading sentiment tops and bottoms. The striking similarities between US stocks and Canadian housing. Property taxes surge in Canadian cities. Pre-order Jared’s new book, No Worries: https://www.amazon.ca/No-Worries-live-stress-financial-ebook/dp/B0BZZFQPBG?nodl=1&dplnkId=e3b1f304-3833-462e-a863-858ba884a23f Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/pro...
2024-01-12
1h 09
The Loonie Hour
The Perils of The Green Energy Transition- w/ guest Doomberg
We interview energy expert, and popular newsletter writer Doomberg on the green energy transition. Net zero cars, nuclear energy, solar and wind, this is a masterclass on all things energy. There are no solutions, only trade offs, and Doomberg provides the sobering reality Canadians face in the years ahead as governments push climate policy. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26See omnystudio.com/listener for privacy information.
2024-01-05
1h 16
The Loonie Hour
Is Canada on the Verge of a Debt Crisis?
We discuss Pierre Poilievres video that has gone viral regarding a potential debt crisis in Canada. Our total debt to GDP sits at 305% and is one of the highest in the G20. This has garnered responses from Chrystia Freeland, the mainstream media, and various economists. What does the Loonie Hour think? Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 Try Out Canva for Teams! Get an extended 45-day trial here:https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-12-29
1h 08
The Loonie Hour
Canada Mandates Zero-Emission Vehicles During Cost of Living Crisis
All vehicles sold in Canada must be hybrid or electric by 2035. We interviewed transportation energy expert David Rapson to discuss the economic impacts and the viability of the mandates. Reckless population growth running at highest levels in nearly 70 years. Canada CPI still sticky. Financial markets flirting with no landing or a soft landing. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 Try Out Canva for Teams! Get an extended 45-day trial here:https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-12-22
1h 18
The Loonie Hour
Did Central Banks Just Pivot?
The Fed shocks the market with a dovish outlook, forecasts 3 rate cuts next year. Bond yields tumble. Is a soft landing a fantasy or reality? Canadian mortgage rates are falling along with home prices. See omnystudio.com/listener for privacy information.
2023-12-15
1h 01
The Loonie Hour
Waiting on the Bank of Canada to Cut Rates
The Bank of Canada held rates again. Markets are expecting 100bps of rate cuts in 2024. Bond yields continue to tumble. Will housing perk up? Keep an eye on US non-farm payrolls. COP 28 brings big promises and big problems for Canadian oil and gas. Who is the most dangerous man in Canada? Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada! https://addyinvest.ca/Use our promo code "LOONIEHOUR" Try Out Canva f...
2023-12-08
1h 12
The Loonie Hour
Canadian Banks Bracing For a Weaker Economy
Canadian banks reported earnings this week. Nearly all of them significantly increased their provision for loan losses. The economy contracted in Q3. Markets are betting on the BoC to cut rates next year. US still holding up. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada! https://addyinvest.ca/Use our promo code "LOONIEHOUR" Try Out Canva for Teams! Get an extended 45-day trial here:https://canva.me/looniehour
2023-12-01
59 min
The Loonie Hour
Without Nuclear Canada's Energy Transition is Doomed, w/ guest Dr. Chris Keefer
We interview the president of Canadians for Nuclear energy Dr. Chris Keefer to discuss nuclear energy and why the current government has suddenly taken a u-turn on nuclear energy policy. We then discuss the Federal budget update, housing funds and the AirBnb changes coming. CPI in Canada falls back to within the BoC's target, and comments from Tiff Macklem. Check out Canadians for Nuclear Energy: https://www.canfornuclearenergy.org/ Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 The Loonie Hour is live in Toronto on...
2023-11-24
1h 16
The Loonie Hour
How to Slow Canada's Food Inflation Problem - with guest The Food Professor
Dr. Sylvain Charlebois aka The Food Professor joins the podcast to discuss food inflation hitting Canadian wallets. His Battle with the Bank of Canada, and the impacts of the carbon tax. Keith and Steve then discuss the recession playbook. US CPI, jobless claims and the bond trade. Are we at a turning point? Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 The Loonie Hour is live in Toronto on November 30th! Join us for drinks, appetizers, a live podcast, and Q&A session! Tickets f...
2023-11-17
1h 09
The Loonie Hour
Canada's Biggest Retailers Warn Consumers are Tapped Out
Bank of Canada flags government spending in 2024. Canadian Tire and its chain of retailers warn about weak consumer demand, job cuts. BC Government unveils drastic housing supply changes. Arrive Canada Scam heats up. Feds Jay Powell spooks markets. Check out industry-leading BMO ETFs here: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 The Loonie Hour is live in Toronto on November 30th! Join us for drinks, appetizers, a live podcast, and Q&A session! Tickets for the live event in Toronto: https://www.eventbrite.com/e/the-loonie-hour-live-in-toronto-tickets-742892650917?aff=oddtdtcreator
2023-11-10
59 min
The Loonie Hour
Consumer Confidence in Canada Plummets to Lowest Levels since 1982
Confidence plunges as recession hits Canada. Bond yields retrace as Central Banks signal end of hiking cycle. Carbon tax divides Canadian provinces as affordability crunch deepens. Home sales weaken in October. Loonie Hour Live in Toronto tickets https://www.eventbrite.com/e/the-loonie-hour-live-in-toronto-tickets-742892650917 Check out industry leading BMO ETF’s: https://www.bmogam.com/ca-en/products/exchange-traded-funds/etf-centre/?ecid=dw-LHPODNovGAM1-ADBMO26 Try out Canva for Teams! Get an extended 45-day trial here https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-11-03
1h 09
The Loonie Hour
Bank of Canada Says Inflation Will Return to Target in 2025
Bank of Canada holds rates, says global bond yields are doing the tightening. Inflation back to target in 2025. Canadian banks cutting jobs and selling loans. The ECB hits the panic pause. HSBC says the world is at "tipping point". Universal basic income surfaces in Canada. Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-10-27
1h 07
The Loonie Hour
The Bond Bear Market Could Derail the Global Economy - w/ guest Mike Green
Economic growth prospects continue to be revised higher, what are we all missing? Inflation slows in Canada. Business outlook sours. Canada's banking regulator succumbs to political pressures. Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-10-20
1h 12
The Loonie Hour
Canada Will Have the Largest Economic Growth in the G7 Next Year?
We discuss the implications of the turmoil in the middle east from a markets perspective. The IMF predicts Canada to have the largest economic growth in the G7 next year. US CPI remains sticky, securing central banks to hold rates. Bond volatility continues unabated. Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-10-13
1h 00
The Loonie Hour
The Canadian Housing Slump is Back On
Recent data out of Vancouver & Toronto points to a marked slowdown in September that looks poised to continue into Q4. Bond yields accelerate higher. Manufacturing data continues to weaken. China Coal usage ramps up. Reserve Bank of Australia moves firmly to the sidelines. Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-10-06
1h 06
The Loonie Hour
Canadian Economy Accelerating into Hard Landing
Local governments raising taxes as interest payments rise and tax revenues fall. Bond market contagion deepens as yields surge higher. Canadian mortgage renewals becoming a bigger problem. Business and consumer sentiment tumbles. Household savings are depleted. Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-09-29
1h 08
The Loonie Hour
Bond Market Crushing Soft Landing Hopes
Canada CPI comes in hot. Bond yields ripping higher over inflation concerns. Oil continues to push higher which will act as a hard brake on the economy. Powell dismisses the base case for a soft landing. The Bank of England moves to the sidelines. Airlines in the eye of the storm. Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-09-22
1h 02
The Loonie Hour
Interest Rates at these Levels Will Break Things- w/ guest Ben Rabidoux
We are joined this week by Canadian credit and housing analyst Ben Rabidoux. Insolvencies are ratcheting higher, the pre-sale market remains the biggest vulnerability. Mortgage rates are starting to break household balance sheets. Immigration is out of control. Canada apartment rents are still rising. The ECB hikes. US inflation still sticky. Try out Canva for Teams! Get an extended 45-day trial here: https://canva.me/looniehourSee omnystudio.com/listener for privacy information.
2023-09-15
1h 14
The Loonie Hour
Has the Recession Already Started in Canada?
The Bank of Canada holds interest rates. Q2 GDP unexpectedly contracts, defying Bank of Canada forecasts. Higher mortgage rates are starting to hit households hard. China & Germany have hit the brakes hard. The ECB could shift to the sidelines. US apartment rents are likely to contract in September, with implications on CPI. ---------- Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada! https://addyinvest.ca/properties/altadore-townhomes/ Become a ONE-YEAR addyONE member for free!Use our promo code "LOONIEHOUR" ---------- Try out...
2023-09-08
57 min
The Loonie Hour
Provincial Governments Urge Bank of Canada to Stop Rate Hikes
Canadian banks report rising loan loss provisions. The Federal Government admits to undercounting non-permanent resident growth by a million people. The BC government pleads with the Bank of Canada ahead of the September 06 meeting. The US labour market shows signs of softening. Check out Addy! The largest institutional-grade commercial real estate investing platform in Canada! https://addyinvest.ca/properties/altadore-townhomes/ Become a ONE-YEAR addyONE member for free!Use our promo code "LOONIEHOUR"See omnystudio.com/listener for privacy information.
2023-09-01
1h 00
The Loonie Hour
Are There Still Issues Brewing Inside the Banks?
The Federal government is back from their housing retreat with no real changes other than a further review into foreign student loopholes. Regional bank stocks are tumbling once again. Jackson Hole, hawkish fed? Fixed mortgage rates back on the climb AGAIN.See omnystudio.com/listener for privacy information.
2023-08-25
58 min
The Loonie Hour
Inflation Bounces Higher as Global Bond Yields Hit 15 Year High
Inflation in Canada jumped well above expectations in July, hitting 3.3%. Markets are now expecting no landing, pushing global bond yields to a 15 year high. The Panda in the room is only growing larger as the Chinese property market reaches a tipping point. Provincial governments fight back on green transition.See omnystudio.com/listener for privacy information.
2023-08-18
58 min
The Loonie Hour
Prices are Contracting in the World's Second Largest Economy
Consumer and producer prices in China are now outright contracting on an annual basis. US CPI inflation is nearly back on target, but how do you factor in base effects and lagging shelter prices? The largest retailer in Canada delivers ominous warning about the shape of Canadian households.See omnystudio.com/listener for privacy information.
2023-08-11
1h 09
The Loonie Hour
Are we in the Early Stages of a Sovereign Debt Crisis? - w/ guest Brent Johnson
Markets are shorting the USD at a record pace and that could backfire very soon. Our special guest Brent Johnson, views the USD as the ultimate flight to safety and thinks that need for safety could return as volatility erupts in global bond markets. Troubles are brewing in China and Japan. The new housing and immigration ministers say they have no plans for slowing immigration, and say targets might need to be revised higher. Greater Vancouver Tenant and Property Management LTD. https://www.gvantpm.com/property_management_fees_servicesSee omnystudio.com...
2023-08-04
1h 09
The Loonie Hour
Surging Interest Rates Set to Squeeze Canadian Households Further
Interest rates are rising once again as economic growth remains resilient for now. The Fed and the ECB raise rates once again. The federal government has a new housing minister. Thank you to our sponsors of this live event: BMO ETFs https://www.bmo.com/main/personal/investments/etf/ Canadian Western Bank https://www.cwbank.com/en/business Greater Vancouver Tenant and Property Management LTD. https://www.gvantpm.com/property_management_fees_servicesSee omnystudio.com/listener for privacy information.
2023-07-29
1h 14
Half Banked
Rewriting Real Estate Rules with Asif Kasim and Steve Saretsky
The Next Generation of Homebuying - Part 1For many, buying a home is a big landmark in their adult life. Your parents and grandparents have built and bought their own houses to settle in and start their families. It's a goal the youth pursue whether they can afford it. Unfortunately, today is vastly different from the experiences of older generations. Buying a home in the Canada housing market[1] today isn't the same as when your parents did.In this three-part series, Half-Banked focuses on what buying a house is like. For this episode, we examine t...
2023-06-07
40 min
Coastal Front
Vancouver’s Real Estate Secrets With Steve Saretsky
Join us on Coastal Front as we welcome Steve Saretsky, an influential voice in Vancouver's real estate market. From analyzing housing stats to advising policymakers and developers, Steve's expertise is unparalleled. PODCAST INFO: 🔹 Podcast website: https://www.coastalfront.ca 🔹 Apple Podcasts: https://apple.co/3HhcsH1 🔹 Spotify: https://spoti.fi/3LyTOgC 🔹 Other Podcast sites: https://linktr.ee/coastalfrontbc 🔹 Full episodes playlist: https://www.youtube.com/@CoastalFront/videos EPISODE LINKS: 🔹 https://www.stevesaretsky.com/ 🔹 https://substack.com/profile/4110500-steve-saretsky 🔹 https://www.you...
2023-05-19
1h 13
The Tom Storey Show, 🇨🇦 Real Estate
Canadian Real Estate Buyers Waited TOO LONG! with Steve Saretsky
Steve Saretsky is one of Canada’s leading macroeconomic voices on both main stream and social media. He is also an active real estate agent in Vancouver BC. In this episode of The Tom Storey Show, Steve sits down with Tom Storey and Steve (Number 2) Karrasch to discuss: 00:01:43 Intro 00:04:25 Lock Boxes 00:10:41 Economic Outlook 2023 00:15:29 New BC Real Estate Rules 00:30:59 Foreign Buyer Ban 00:36:03 Opportunities in 2023 00:38:15 Mortgage Rates 00:43:09 Macroeconomics Is A Chess Game 00:47:49 Follow The Herd 00:51:55 Listing Inventory Levels ...
2023-01-08
1h 15
Under The Table Podcast
Mortgage Renewal Apocalypse - Steve Saretsky - Bank of Canada - The Canadian Real Estate Show
#canadianrealestate #canada #realestate #toronto #vancouver #calgary Mortgage Renewal Apocalypse - Steve Saretsky - Bank of Canada - The Canadian Real Estate Show Darryl and TK discuss the Canadian Real Estate Market in depth from their own unique perspectives with a particular focus on The Toronto Real estate Market. Today we are lucky to have Steve Saretsky join the fun! You can find Steve https://twitter.com/SteveSaretsky?s=20&t=TX9Lcj7HhnEnKlY_0i6KSA https://www.youtube.com/channel/UCdpU4qvzypmjZbbcLiPWV8A Thank you to our wonderful sp...
2022-11-27
1h 09
The Your Life! Your Terms! Show
Steve Saretsky - Canadian Real Estate Updates & Interest Rate Trends
Steve Saretsky is a real estate aficionado, a Vancouver Realtor, an Investor and a student of macroeconomics. And what we enjoy most about Steve is that he's not shy to share his opinions on all of that! On this episode of The Your Life! Your Terms! Show we dive into Steve's origin story, talk about life principles, chat Vancouver real estate and take some wild guesses at the future of Canadian real estate. You can follow Steve on Twitter @SteveSaretsky and learn more about Steve and the podcasts he hosts, including the Loonie Hour, and his YouTube channel by visiting...
2022-11-07
1h 03
Real Vision: Finance & Investing
The Next Big Trade - Steve Saretsky Says Canada’s Red-Hot Housing Market Will Cool
Here’s a full-length episode from Real Vision's original series, The Next Big Trade - be sure to subscribe. Realtor Steve Saretsky is the author of one of Vancouver’s most popular real estate blogs. Steve joins Harry Melandri to talk about everything to do with Canada’s housing market. He’s bearish because mortgage rates are rising rapidly while consumer debt levels are already very high. Vancouver, Toronto, and other major Canadian markets have been red-hot for years. But people in those markets are now highly leveraged. Steve sorts through the implications and forecasts what’s next for housing in...
2022-07-03
48 min
Vancouver Real Estate Podcast
VREP #322 | The 2022 Vancouver Real Estate Market Slow Down with Steve Saretsky & Michael Uy
Homes sales across the Lower Mainland have dropped steeply in April and the trend continues in the first weeks of May, but what does this mean for the balance of 2022? Steve Saretsky, author of The Saretsky Report and Co-Host of The Loonie Hour, and Michael Uy, Partner at Vancouver's leading brokerage Oakwyn Realty, join Matt & Adam for a real estate round table with market talk, predictions, and a lot of laughs. Is Steve bearish or bullish? Is now the time to get a deal? And does Michael really collect expensive handbags? All this and a couple pints on today's gripp...
2022-05-13
1h 09
Wealth Wisdom Podcast
The Drivers Behind Red-Hot Real Estate (featuring Steve Saretsky)
I'm often asked by clients, "what's driving the real estate market right now?" Those questions have only escalated during a hectic 2021 in the Lower Mainland real estate market. To answer some of those questions, we welcome Vancouver real estate expert Steve Saretsky to the Wealth Wisdom Podcast. Here are some highlights from the episode. Who's to blame for the recent surge? (1:00) Is the work from home real estate driver overblown? (5:30) Should people be buying in this market? (9:00) Why emotions are driving certain market trends (16:00) Steve brings out his crystal ball (19:00)
2021-04-09
27 min
The Vancouver Life Real Estate Podcast
Who Controls The Price Of Real Estate In Vancouver? With Steve Saretsky
2020 has really shown how much power the policy makers have on controlling real estate prices in Canada, and particularly, Vancouver. From mortgage deferrals, lowered interest rates, increasing access to credit and easing of the stress test, these changes have fuelled a double digit annual gain in real estate prices - all while during a recession and pandemic. Looking beyond just this year, we explore zoning, building permit applications, rental restrictions, taxes and other vital factors that impact the pricing of Vancouver Real Estate. With special guest Steve Saretsky. _________________________________ Contact Us...
2020-12-26
42 min
The Oakwyn Podcast
Ep 36: with Special Guest Steve Saretsky
In this episode, we have a special guest, Oakwynite Steve Saretsky! Our hosts discuss with Steve his experiences on communicating publicly & building a strong digital presence.
2020-11-03
44 min
The Peak Results Academy Podcast
Ep 28 | Steve Saretsky
Rich chats with Steve Saretsky, an Agent who has used social media channels to skyrocket his business so successfully that he now sits among the top 2% of Greater Vancouver Area Realtors® and is a regular contributor on BNN, CBC and more. Steve explains how he dialed in on his unique perspective to gain followers, discusses the shocking amount of business he gets with low ad spend and he outlines the steps to creating your own social media strategy. Subscribe Don’t miss out on more great episodes! Listen and subscribe on YouTube (http://bit.ly/Subscribe_PRA) and more! Show Not...
2020-06-16
00 min