Canada 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% unemployment
Inflation easing and what it means for Bank of Canada rate cuts
Why Scotiabank thinks rates could rise again in 2026
How Blue Jays mania and Taylor Swift concerts show up in spending data
Creative accounting in the federal budget and PBO pushback
Questrade’s new bank & Home Trust re-entering prime lending
Land claims in Richmond & Ontario and what lenders are actually doing
B.C. developer Square Nine’s insolvency & presale risks
U.S. 50-year mortgage talk and if that’s coming here
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