Are Canadian Tax Payers Bailing Out Developers?

The Canadian Condo Bailout lands in Vancouver, & Dan Foch fills us in. Which condos will the government buy, and is it going to be good value for tax payers? These are the questions we are trying to unravel. Energy expert Mike Rothman joins the show to share the details of why oil is being underestimated, and where he thinks it’s heading.Check out the latest Loonie Hour Substack post here!https://open.substack.com/pub/looniehour/p/canadas-big-short-moment?r=2g3ok&utm_campaign=post&utm_medium=web&showWelcomeOnShare=trueCheck out Mike Rothman's Macro Energy research at https://www.cornerstoneanalytics.com/index.htmlStart 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/looniehourJoin Seeking Alpha Premium And Get 25% Off Today!: https://link.seekingalpha.com/52636H6/4G6SHH/✉️ 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 Introduction04:46 Introducing Our Guests!05:26 The Canadian Condo Bailout Begins07:29 Kevin Warsh & The Feds08:41 Prepare For Volatility13:41 The Problem With Government Intervention16:07 Condo Program Breakdown17:18 Who Benefits From The Bailout?19:52 Why Investors Wouldn't Buy First?23:34 Dog Crate Condos and Falling Demand24:46 Could Prices Fall Another 50~75%30:42 Wasting Government Spending31:48 Housing Policy and Unintended Consequences36:01 Canada's Real Estate Identity Crisis40:32 Transition to Mike Rothman41:47 Canadian Oil Bull Case42:57 Responding to Anti-Oil Narratives44:19 Oil Became Politically Toxic50:28 Supply Constraints Are Getting Worse53:21 Why Energy Investment Never Came Back56:27 Russia, Ukraine, and Energy Geopolitics59:11 Europe's Energy Mistakes1:00:17 Long-Term Commodity Supercycles1:05:17 Cushing Crude Stocks Explained1:06:31 Physical Markets vs Financial Markets1:12:05 Why Markets Ignored The Signs?1:18:09 Green Energy Realities vs Oil Demand1:20:52 Why Oil Still Matters For Decades?1:25:06 Economic Cost of Inaction1:28:11 Lessons From Global Credit Crisis1:32:18 Canada's Future Growth Potential1:35 What Canada Needs To Do Next?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 #canada #macroeconomics