Episode 29: Canada on the Brink: Tariffs, Rate Cuts & Mortgage Mayhem

Send us Fan MailIn This Episode, Alex Pang and Alex Shanks dive into what’s shaking the Canadian mortgage world—from escalating global tariffs to AI calling bots booking mortgage appointments (yes, really!). They recap the key takeaways from the Canadian Mortgage Summit, including how AI is creeping into the mortgage space, and dissect the ripple effects of the ongoing trade wars with the U.S. and China.You’ll also hear about:The impact of new U.S. tariffs and Canada’s retaliatory movesMark Carney becoming the unelected Prime MinisterBMO, TD, RBC, and other Big 6 banks’ predictions on rate cutsRocket Mortgage Canada closing its doorsWhy Hudson’s Bay just filed for bankruptcyBC, Alberta, and Ontario banning U.S. liquor and hiking pricesWhether stress tests will soon be replaced with loan-to-income rulesCRA cracking down while inflation creeps back upAnd the surprising role AI might play in future mortgage applications!Follow Our Host Alex Pang Alex Shanks