Episode 222

full
Published on:

25th Jun 2025

Why Developers Are Taking Their Money to the U.S.

In this week’s episode of the Ottawa Real Estate Podcast, we sit down with Matt Bournival from Greybrook to talk about how rising construction costs are putting pressure on developers, slowing down housing supply, and impacting the future of real estate in Canada. We break down what’s happening behind the scenes in the industry and what it means for the homes being built across Ontario.

We also talk about how Greybrook is changing the landscape by opening access to institutional-level projects for everyday investors, and how developers are navigating razor-thin margins, red tape, and economic uncertainty.

If you care about housing, development, or the future cost of real estate in Canada, this episode will give you clarity.

00:00 Introduction to the Podcast and Guests

01:40 Matt Bournival's Career Journey

04:27 Current Market Dynamics in Real Estate: the US vs Canada

07:23 Challenges Facing Developers and Builders

11:50 The Impact of Government Regulations

15:20 Should They Cut the HST Across the Entire Supply Chain?

17:56 International Real Estate Investments

22:50 Investment Opportunities with Greybrook

24:24 Understanding Real Estate Investment Returns

26:33 The Importance of Diversification in Investments

31:06 Future Outlook for Real Estate Development

35:46 Current Economic Indicators and Inflation

37:57 Closing Remarks and 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

https://www.paulstevenson.ca


David Warren - Mortgage Agent Level 2 

Referral Mortgages

Email: david@referralmortgages.com

Phone: 1-613-686-6003 

https://www.referralmortgages.com


Matt Bournival - VP, Private Capital Markets | Greybrook Realty Partners

Email: Mathieu.Bournival@greybrook.com

LinkedIn: https://www.linkedin.com/in/mathieu-bournival/

Calendly: https://calendly.com/mathieu-bournival-greybrook/30min


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!


New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com 


Brought to you by Referral Mortgages, PaulStevenson.ca, Guertin/Poirier Avocates Lawyers, CENTUM, BIG - Billyard Insurance Group.

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About the Podcast

The Ottawa Real Estate Podcast
A weekly podcast about Real Estate, Mortgages and whatever else we want to talk about!
Welcome to The Ottawa Real Estate Podcast (TOREP)! Hosted by seasoned Mortgage Agents Paul Stevenson and David Warren, who have been bringing the Ottawa real estate market to life with the podcast for over four years. Whether you’re buying, selling, investing, or just curious, we’re here to share insider tips, untold stories, and plenty of laughs along the way.

To our loyal listeners—thank you for your support and for being part of our journey. And to our new listeners—welcome! We’re excited to have you join the conversation. Hit play, stay tuned, and let’s explore the world of real estate together! 🎉

About your host

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BIGSTUFF Productions Inc.

BIGSTUFF Productions is a Media, Music Publishing, Record company based out of Ottawa ON, Canada focusing on great talent and lots of fun. Working in partnership with musicians, DJ's and extreme entertainers over the years, the move to podcasting has helped transition BSP into the future. Stay tuned for more to come and to hear some great music check out the Facebook page until the website launches Summer 2021.