Episode 53: Ponzi Schemes, Tariffs & Housing Woes: A Hard Look at Canada’s Market
Update: 2025-09-09
Description
In Episode 53 of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks dive into the latest developments shaping Canada’s economy and housing market. They break down Canada’s shrinking GDP, the impact of U.S. tariffs on exports, and what’s really behind rumors of a Bank of Canada rate cut. The conversation also covers affordability challenges, the debate over 50-year amortizations, the Toronto condo market slump, Ponzi scheme allegations in real estate development, and the effects of shifting immigration policy. Plus, they discuss Crown Royal’s bottling move, EV battery plant troubles, and what declining home sales mean for buyers.
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