The Loonie Hour

Central banks are turning increasingly hawkish as an escalating global energy crisis keeps inflation under pressure. We'll break down why policymakers are committing to higher interest rates even as the underlying inflation problem is increasingly driven by energy supply. They discuss the latest moves from the Fed and European central banks, rising global bond yields, surging oil and fuel costs, and what it could mean for Canadian mortgage rates. Meanwhile, Canada’s housing market remains frozen, with national home sales falling to their lowest year-to-date level since 2003.Join Us For The Loonie Hour Investor Series - With Ben Rabidoux, Live In Ottawa on October 13th!Get Your Tickets Here:https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck Out True North Mortgage's 40-Year Amortization Plan:Visit https://www.truenorthmortgage.ca/ today!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction06:52 Canada Housing Hits a 23-Year Low09:34 Housing Inventory & Cancelled Listings11:11 Housing Starts Keep Falling13:18 What Happened to the 500,000 Homes?14:03 Should Canada Keep the Foreign Buyer Ban?18:38 Canada’s Massive Investment Push20:16 Canada Cuts Investment Taxes22:55 Breaking Down the $500B Investment Commitment24:53 Where Are the Foreign Investors?27:13 Canada’s Biggest New Investment Projects30:27 Did Trump Force Canada to Change Course?34:24 Canada Embraces Energy Again38:04 Why Investment Will Take Years to Materialize42:26 Central Banks Turn Hawkish46:22 Could the Bank of Canada Raise Rates?48:02 Higher Rates Won’t Fix Energy Inflation51:00 Global Bond Markets Under Pressure56:12 The Global Energy Crisis Deepens58:43 The World Is Running Out of Energy Capacity01:01:07 Oil Tanker Costs Explode01:02:19 Canadian Mortgage Rates Under Pressure01:05:06 Mortgage Arrears Hit a Decade High01:06:18 Canada & the European Union01:09:49 Canada Already Has an EU Trade Deal01:11:03 Europe’s Sovereign Debt Risks01:12:28 Would Canadians Actually Move to Europe?Disclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #centralbank

Ben Rabidoux joins the show to break down the latest housing data, rising mortgage rates, record mortgage renewals, the ongoing shifting in economic alliances, and why delinquencies could continue climbing through 2027 and beyond. We also discuss the escalating Canada–U.S. trade dispute, inflation risks, rising global bond yields, weakness across several provincial housing markets, and how Canada’s booming energy sector might be helping keep government finances and mortgage rates under control.Join Us For The Loonie Hour Investor Series - With Ben Rabidoux, Live In Ottawa on October 13th!Get Your Tickets Here:https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSubscribe to Ben Rabidoux's Edge Analytics and Save $10/month forever!https://www.edgeanalytics.ca/lh39Check Out True North Mortgage's 40-Year Amortization Plan:Visit https://www.truenorthmortgage.ca/ today!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction08:12 Is Canada’s Housing Market Bottoming?11:27 Mortgage Rates Are Moving Higher16:05 When Will Bonds Become Attractive Again?18:19 Bank of Canada Rate Hikes Are Coming20:04 Inflation Expectations Matter23:35 Europe Is Raising Rates Again25:22 The Next Wave of Inflation30:02 Canada’s Regional Housing Markets31:40 Canada’s Rental Market Will Stay Weak32:54 Canada-U.S. Trade War Escalates35:01 Mortgage Delinquencies Hit Record Highs37:16 The Mortgage Renewal Wave Is Here40:16 Canada’s Economy Faces More Pressure41:44 The Risk To Canadian Banks44:58 Canada’s Money Laundering Problem49:40 How Iranian Capital Can Enter Canada53:09 Good News For Canada53:31 Foreign Investors Are Buying Canadian Bonds54:28 Oil & Gas Is Helping Balance Canada’s Budget56:08 Is Canada Becoming More Pro-Energy?58:35 Canada’s Politically Charged Environment01:02:38 Bank of Canada Rate PredictionsDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #bondmarket

Global bond markets are flashing warning signs as long-term yields surge across Japan, the UK, France, and other major economies, raising new concerns about government debt, inflation, and financial stability. Meanwhile, Canada’s housing market remains under pressure, Vancouver records its slowest August sales since 2012, and rising energy prices could complicate the outlook for inflation and interest rates within the country.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourSchedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction05:14 Vancouver Housing Sales Hit 2012 Lows09:48 Builders Get Aggressive on Prices14:56 Rent Controls & Canada’s Housing Supply22:46 Why Rent Controls Don’t Work27:50 Bank of Canada & Interest Rates30:36 Central Banks Talk Tough on Inflation38:01 Global Bond Yields Are Surging41:39 Is a Sovereign Debt Crisis Coming?43:15 The Ultimate Bond Market Bear Trap45:38 Canada’s GDP Gets Revised Higher47:55 Could the Bank of Canada Raise Rates?51:15 The Overlooked Energy Trade52:55 Russia-Ukraine Energy Infrastructure Attacks56:32 Global Oil & Natural Gas Supply Tightens59:38 The Bull Case for Commodities01:01:50 Energy Prices Are Spiking01:04:36 The Opportunity in Higher Oil PricesDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #bondmarket

We are joined by chief economist Peter Berezin at BCA Research to discuss the intensifying trade wars, the AI Boom, and the sovereign debt bubble.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction04:29 Canada-US Trade Deal Falls Apart05:59 Carney Moves Closer to Europe08:20 What Happens Without a Trade Deal?11:13 Is This Really About Canada or China?12:21 Peter Berezin Joins the Show13:33 Economic Impact of the Canada-U.S. Trade War15:20 Could Canada Actually Win?17:09 Risk of Canada Losing Manufacturing17:49 Could More Stimulus Be Coming?19:36 Canada's Productivity Problem22:22 How Canada Can Turn Things Around24:05 How Transformational Will AI Really Be?26:26 The Massive AI Spending Boom27:37 AI's $10 Trillion Revenue Problem30:26 Are Corporate Margins Sustainable?33:40 AI Agents, Stablecoins & Crypto35:06 Why Long-Term Bond Yields Keep Rising37:50 The Growing Government Debt Problem40:06 Fed Liquidity & Quantitative Easing41:20 Stock Market Outlook42:14 Peter's Portfolio43:39 Inside Goldman Sachs During the 2008 Crisis45:57 Current Investment Opportunities?49:08 Final Thoughts on Peter Berezin51:05 The Coming Food Inflation Problem54:50 Are We Entering a Commodity Boom?55:35 Could the Bank of Canada Cut Rates?58:21 Final ThoughtsDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #tradewar

The U.S. Treasury is taking steps that could help suppress long-term interest rates as exploding government debt and interest costs put increasing pressure on the financial system. We break down what this shift means for bonds, the U.S. dollar, commodities, Canadian housing and global markets. We also touch on Canada-U.S. trade, the Churchill Falls energy deal, rising diesel prices, Argentina, various speculative assets like crypto and Bitcoin skyrocketing, and the worsening economic slowdown in China.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction08:21 Canadian Housing Update13:22 Mortgage Rates and Housing Risk16:04 Canada-U.S. Trade Deal17:48 Churchill Falls Energy Megadeal26:53 The U.S. Bond Market Intervention30:58 How the Treasury Is Suppressing Long Rates35:53 America’s Exploding Interest Costs40:36 Canada’s Debt Problem46:37 What Higher Rates Would Do to Housing50:48 Commodities vs Financial Repression54:17 The Commodity Supercycle56:50 Diesel Prices Are Surging57:57 Argentina and the Currency Crisis01:02:52 China’s Economy Is Getting Worse01:07:25 Global Macro Trends Are Strengthening01:08:03 Canada Inflation Update01:08:45 Closing ThoughtsDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #globaldebt