Storms in the Market & in the Caribbean

David Wilkes, President & CEO of the Building Industry and Land Development Association, breaks down the sharp decline in GTA new-home and condo sales—now sitting at just 20 % of the ten-year average—and how high government fees, taxes, and costs threaten future supply and 40,000 construction jobs. Why Wilkes believes HST relief and rate cuts could bring buyers back and how Canada’s housing slowdown stretches from Toronto to Vancouver, Calgary, Edmonton, and Montreal. Defining “affordable housing” without eroding existing homeowners’ equity, and the structural fixes needed to revive confidence. Mark Sudduth, veteran hurricane chaser and founder of HurricaneTrack.com, reports from the Caribbean on Hurricane Melissa, one of the strongest Atlantic storms on record—its devastation in Jamaica, the threat to Cuba and the Bahamas, and how new AI-driven forecast models like Google DeepMind helped track it with unprecedented accuracy. Learn more about your ad choices. Visit megaphone.fm/adchoices