#ToRE Twitter Space Recordings

In this episode, I’m joined once again by Bruce Pardy to break down the latest developments around Aboriginal title, land claims, and private property rights in Canada.We discuss the recent Supreme Court of Canada decision refusing leave to appeal a New Brunswick land claim case, why that does not mean the Court “upheld” the lower court decision, and what it actually means for private property owners.Bruce explains the distinction between a court “finding” Aboriginal title and issuing a legal “declaration,” how private land may still be implicated in claims against the Crown, and why uncertainty remains across Canada — especially in British Columbia.We also get into the Haida Gwaii agreement, the relationship between Aboriginal title and fee simple ownership, UNDRIP, Section 35 of the Constitution, political responses from Ottawa, and the broader question of whether Canada is creating a two-tier system of rights.Topics covered:- Supreme Court of Canada refusing leave to appeal- New Brunswick land claim case- Aboriginal title vs. private property- Fee simple ownership and exclusivity- BC land agreements and Haida Gwaii- UNDRIP and Section 35- Property rights in Canada- Political responses from Mark Carney and Pierre Poilievre- The future of land claims and legal uncertaintyThis conversation is for informational and commentary purposes only and should not be taken as legal advice.#Canada #PropertyRights #AboriginalTitle #LandClaims #SupremeCourtOfCanada #BrucePardy #CanadianPolitics #UNDRIP #Section35 #PrivateProperty

Canada Enters a Technical Recession: Housing Drag, Falling Investment, and a Slow 1990s-Style SqueezeStatistics Canada reported essentially flat real GDP in Q1 2026 after contraction in Q4 2025, putting Canada in a technical recession (about -0.1%). The script argues the headline is less important than underlying weakness: final domestic demand fell 0.1%, residential investment dropped 2%, business capital investment fell 0.7% for a fifth straight quarter, and ownership transfer costs (resale activity) plunged nearly 10%, directly dragging GDP and exposing Canada’s heavy reliance on housing. Households are still spending (+0.4%) but buffers are shrinking as the savings rate fell to 3.5% (lowest since Q1 2024) and interest expenses rose 0.7% amid mortgage renewals. With high household debt (177% of income), limited room for rate cuts, and Canada one of only six countries in technical recession, the risk is a slow, grinding downturn resembling the 1990s rather than a sharp crash.00:00 Canada Enters Recession00:24 GDP Details That Matter01:16 Housing Drag In GDP03:12 Shallow Recession Risks06:14 Reading Domestic Demand07:41 Real Estate Ecosystem Hit09:29 Households Running Thin11:38 GDP Per Capita Debate16:02 Rate Cuts Won't Save Housing17:42 Canada As Global Outlier21:10 Why The 1990s Matter24:21 Compression And No Runway25:16 What Replaces The Model26:36 Wrap Up And Questions#canada #realestatecanada #canadaeconomy #canadarealestate #canadanews

Toronto Real Estate: Sales Up, Prices Down—Is the GTA Recovering or in a Seller Standoff?The script breaks down a recent Toronto/GTA real estate report showing a contradictory market: May sales rose 6.3% year over year (about 66,000) while prices fell (average down 4.6% to about $1.07M; benchmark down 6.7%), and new listings dropped nearly 19% (about 22,000 to 18,000). The speaker argues this looks less like a demand-led recovery and more like sellers withholding supply, creating a “liquidity freeze” where buyers retain negotiating power despite lower inventory. Regional data shows broad declines, with condos and several 905 segments hit hardest (e.g., 905 condos down ~10%, condo benchmark down ~9%, York condo apartments down ~9.5%). The script cites rising loss sales for 2022 buyers (36.6% sold at a loss), increasing insolvencies, and higher power-of-sale transactions, while noting affordability is only “less bad,” not healthy, amid economic and financing constraints.00:00 Weird Market Snapshot00:41 Sales Up Listings Down01:19 Tightening Or Supply Vanishing02:28 Missing Sellers Liquidity Freeze04:18 Why Buyers Still Negotiate05:36 Price Drops By Region07:07 Selling At A Loss Data09:53 Distress Power Of Sale Rising12:32 First Time Buyers Squeezed13:03 Condo Market Weak Link14:29 Rates And Affordability Reality16:10 Economy Housing Policy Incentives16:56 Pre Con Pressures Townhouses17:52 Wrap Up And Viewer Questions#canada #realestateinvestingcanada #canadaeconomy #canadarealestate #torontorealestate #canadianrealestate

Canada Added 88,000 Jobs: What This Means for BoC Rate Cuts & HousingFull report: https://realist.ca/insights/statcan-l... Canada’s May 2026 Labour Force Survey surprised with 88,000 jobs added versus ~10,000 expected, pushing unemployment down to 6.6% from 6.9%. Unlike many recent prints, gains were driven by full-time (+154,000) and mostly private-sector (+56,000) jobs, partially reversing earlier 2026 losses, complicating the case for aggressive Bank of Canada rate cuts after a technical recession call. Job growth was led by construction (+27,000), information/culture (+19,000), transportation/warehousing (+19,000), and accommodation/food (+17,000), while wholesale/retail trade fell (-35,000), suggesting a mixed, K-shaped economy. Wage growth cooled to 3% y/y, youth unemployment improved but remains elevated, and the shift toward purpose-built rental construction continues, keeping homeownership affordability strained and housing transactions sluggish.00:00 Shock Jobs Surge01:09 Full Time Rebound03:52 Where Jobs Came From05:11 Rental Boom Shift06:49 Consumer Weak Spots09:27 Wages And Rate Cuts10:42 Housing Market Purgatory12:28 Youth Jobs And Housing14:45 BoC Balancing Act16:03 Final Takeaways#canada #canadaeconomy #canadarealestate #canadianrealestate #torontorealestate #unemployment