Some Canadian Homeowners Are Taking MASSIVE Losses π‘
Description
#canadianrealestate #canadianeconomy #realestateagents In this episode, Cortez Ranieri discusses the current state of Canada's economy, highlighting concerns over job losses, the real estate market's performance, and the impact of tariffs on housing. He emphasizes the need for urgent trade negotiations and the importance of addressing youth unemployment. The conversation also touches on projections from the International Monetary Fund regarding potential economic downturns and the high cost of living for Canadians.1. Book A Call With Us Here (It's absolutely free) π‘ ππΌhttps://calendly.com/cortezandbrooke2. Sign Up For Our Newletter ππΌhttps://cortezranieri.substack.com/3. Other Contact Information π€π± call or text 289-795-5773π§ email: cortezranieri@gmail.comTakeawaysCanada lost over 40,000 jobs in July, indicating a recession.Youth unemployment is at its highest level since 2010.Real estate losses in prime markets reflect broader economic fragility.Home sales are up but still significantly below normal levels.Tariffs are increasing housing costs and affecting builders' ability to construct homes.Trade negotiations with the US are critical for Canada's economic future.The International Monetary Fund projects a significant economic downturn for Canada.High taxes are a major burden for the average Canadian.Urgent action is needed to address the housing crisis and job market.Cortez calls for more action and less talk from government officials.Chapters00:00 Economic Overview and Job Market Concerns03:31 Real Estate Market Insights06:09 Tariffs and Housing Costs08:45 Trade Deal Negotiations and Economic Projections11:30 Cost of Living and Taxation Issues




