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Canada’s economy has leaned heavily on real estate for years, but what happens when housing can no longer carry the country?
In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a wide-ranging week of Canadian economic news, including Kelowna’s exemption from BC short-term rental rules, ongoing uncertainty around DRIPA and First Nations policy, and the approval of Enbridge’s $4 billion Sunrise pipeline expansion.
They also discuss why Canada’s dependence on real estate may be holding back long-term prosperity, how modular and manufactured housing could help address supply challenges, and why the “right kind of housing supply” matters more than simply building more units.
The conversation also touches on Canada’s strong export numbers, AirAsia’s major order of Canadian-made Airbus A220 jets, immigration tracking, and the growing role of AI in customer service.
It’s a practical and timely discussion about housing, policy, productivity, and the future direction of Canada’s economy.
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