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In Episode 91 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down Canada’s latest economic warning signs as the country enters a technical recession. They discuss what slowing GDP growth, rising unemployment, falling bond yields, and uncertainty around future rate cuts could mean for Canadian homeowners, buyers, and investors.
The episode also dives into the state of housing across Canada, including softening prices in Toronto, slowing sales in Montreal and Vancouver, collapsing pre-sale condo activity, and the growing stress in mortgage delinquency rates across the GTA. The hosts also explore rental market realities, development fees, affordability challenges, LNG export news, tenant protection changes in Burnaby, and why real estate income is far from passive.
A timely conversation for anyone trying to understand where Canada’s economy, mortgage rates, and housing market may be heading next.
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