S4 Ep.8 | Examining Policy Impacts, Falling GDP, and Investment Risks in 2024

In this week's episode, Neal and Chandler kick off with a discussion on the current implications for capital gains and tax changes. With the evolving fiscal landscape, how do these changes impact the risk factors for potential investors and businesses? From housing to public services, Neal and Chandler confront the failures and shortcomings of the Canadian government that continue to undercut the profit margins of taxpayers, businesses, and investors. With a national GDP that has been shrinking for the past four years, 100% of Canadians are affected by the poor policies and decision-making of politicians. Despite current economic challenges, the hosts point toward the hope found in Alberta's remarkable boom. Unpacking the economic drivers behind this surge, they provide insights into the opportunities to learn from the province's incredible growth trajectory amidst the rising challenges in the real estate sector.   Show notes: 2:13 - Discussion on 2024 tax changes and capital gains 6:13 - Why you'll be making 8% less on the sale of your property 11:37 - How the Canadian government continues to fail taxpayers 15:30 - Effect of capital gains on the business investing environment 19:016 - How Canada has had a shrinking GDP since 2020 23:49 - Forecasting population changes and behaviors in the next 50 to 100 years 31:46 - Unpacking the incredible boom in Alberta 34:44 - On the opportunities in Alberta 42:05 - Why real estate reinvestments will be stagnant   CHECK OUT OUR PATREON: www.patreon.com/masterkeyspodcast  The Master Keys Podcast is hosted by Neal Andreino and Chandler Haliburton, two top real estate agents in Nova Scotia, Canada. Neal and Chandler have each built sizable portfolios of investment properties and leverage their expertise to inform their clients as well as viewers. The podcast covers all things real estate from the first steps as a beginner all the way to expert skills for experienced investors. Please contact us with any questions or suggestions at [email protected]  FIND US ON INSTAGRAM - https://www.instagram.com/masterkeyspodcast/ TIKTOK - https://www.tiktok.com/@masterkeyspodcast FACEBOOK - https://www.facebook.com/Master-Keys-Podcast-110495988057336/ FIND NEAL ON: INSTAGRAM - https://www.instagram.com/remaxneal/ LINKEDIN - https://ca.linkedin.com/in/neal-andreino-90854b102 FIND CHANDLER ON: INSTAGRAM - https://www.instagram.com/tchandh/ LINKEDIN - https://ca.linkedin.com/in/t-chandler-haliburton-40a88468