Bank of Canada Cuts Rates Again: Are We Entering a New Era for Canadian Real Estate?
This week, we unpack the Bank of Canada’s latest rate cut and what it signals for the future of Canadian real estate. We discuss how lower rates could impact variable mortgages, the growing influence of AI investments on jobs, and what the upcoming federal budget might mean for homeowners and renters. We also cover Ontario’s new housing measures and the ongoing need for efficiency in the landlord and tenant board. Watch the full episode to hear our take on how these shifts could reshape the market.
00:00 Introduction and Banter
01:51 Bank of Canada's Rate Cut
06:03 US Tariffs and Their Impact on Canadian Economy
09:22 Impact of AI on the Economy
11:45 Job Cuts in the Banking Sector
15:33 Could There Be New Elections Coming Up?
19:25 Ontario's New Housing Measures
24:01 Renters' Rights and Security of Tenure
29:03 Mood Boosts
Get in touch with us!
Paul Stevenson - Mortgage Agent Level 2
CENTUM Financial Services LP
Email: paul@paulstevenson.ca
Phone: 1-613-263-4543
David Warren - Mortgage Agent Level 2
Referral Mortgages
Email: david@referralmortgages.com
Phone: 1-613-686-6003
https://www.referralmortgages.com
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If you have a question or topic you'd like to hear us discuss send us an email at: theottawarealestatepodcast@gmail.com or leave us a comment below!
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