How Trudeau’s Surprise Move Changes Everything
from Make Money Count Hosted by Cannect Inc.
Interest rates in Canada are falling faster than expected, but will this be enough to revive the real estate market? In this episode, we break down: Toronto & Canadian Real Estate: The sales-to-new listings ratio is at 33%, active listings are up 76% YoY, and prices are dipping slightly. Are we officially in a buyer’s market? Falling Interest Rates: BMO & RBC predict deeper rate cuts—what does this mean for mortgages and homebuyers? Canadian Dollar Struggles: As the loonie takes a hit, what impact will this have on real estate and investments? Auto Industry Gets a Reprieve: Will this short-term relief have long-term effects? Trudeau’s Strategy & EI Reforms: The government is holding off on a short-term trade deal while economists push for Employment Insurance reforms—how could this reshape consumer spending?
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