Episode 63: Banks Holding Rates, Land Claims Growing, Developers Failing – What Now for Homeowners?

Send us Fan MailCanada just dodged a technical recession—but did the Blue Jays’ World Series run actually help save Ontario’s economy? In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down the latest jobs data, inflation numbers, interest rate forecasts, insolvency news, and even U.S. talk of 50-year mortgages.They also cover developer failures in B.C., First Nations land claim impacts on financing in Richmond and Ontario, Questrade’s move into banking, Home Trust’s return to “A” lending, and why Canadians are financing everything from phones to concert tickets.In this episode:October jobs report & 6.9% unemploymentInflation easing and what it means for Bank of Canada rate cutsWhy Scotiabank thinks rates could rise again in 2026How Blue Jays mania and Taylor Swift concerts show up in spending dataCreative accounting in the federal budget and PBO pushbackQuestrade’s new bank & Home Trust re-entering prime lendingLand claims in Richmond & Ontario and what lenders are actually doingB.C. developer Square Nine’s insolvency & presale risksU.S. 50-year mortgage talk and if that’s coming herePodcast Social Links:Website: https://canadianmortgageshow.com/Instagram: https://www.instagram.com/canadianmortgageshow/Facebook: https://www.facebook.com/canadianmortgageshow/Follow Our Hosts:Alex Pang Tiktok: https://www.tiktok.com/@alexpangmortgage/Instagram: https://www.instagram.com/alexpangmortgage/Alex Shanks Tiktok: https://www.tiktok.com/@mortgagemanagement/Instagram: https://www.instagram.com/alexshanksmortgagemanagement/