Make Money Count

Canada's inflation rate just dropped to 1.7% — way below the Bank of Canada's 2% target. So… why are we still waiting for rate cuts? In this episode of Make Money Count, Marcus & Justin break down why the BoC is hesitant to cut, what this means for homeowners and investors, and what smart mortgage moves you should be considering right now.

In this episode, Marcus & Justin break down the data, trends, and real-world impact of the dramatic increase in inventory, slowing buyer demand, and falling condo prices. From over 30,000 active listings to investors dumping units at below build cost, we uncover what's going on behind the headlines.

Are you renewing your mortgage this year with an alternative lender like Home Trust or Community Trust? Don't just accept their first offer—you may have better options. In this video, we break down what you should consider if: You're self-employed and hate paperwork You want to borrow more for a renovation You're worried about higher rates You're unsure whether to refinance, renew, or switch lenders At Cannect, we simplify the process. No sales pitch. Just honest advice, technology that makes it easier, and customized options laid out side-by-side so you can make the smartest move.

Mortgage renewal coming up? WATCH THIS FIRST. In this episode of Make Money Count, Marcus and Justin, both currently going through their mortgage renewals, share exactly what you need to know before signing that offer from your bank. They break down:  ✔️ Why banks don't always have your back ✔️ How penalties really work ✔️ What to ask before renewing ✔️ Why you need a real advocate, not a bank employee ✔️ The smartest way to handle your mortgage in 2025 Thinking of switching from fixed to variable? Facing a renewal in the next 6–18 months? This video could save you thousands. Get honest advice, learn from real scenarios, and don't let the system take advantage of you.

The Bank of Canada held steady—no rate cut in April. So what now? In this episode of Make Money Count, we break down: What the Bank of Canada said and what they really meant Why March CPI numbers matter more than you think How bond yields are guiding fixed-rate mortgages And—most importantly—whether you should lock into a fixed or stick with a variable. We're still pro-variable. June and July cuts are likely, and the smart money is on flexibility. Watch to hear our full strategy—and maybe place a bet with us on the next rate cut.

In this week's episode, Marcus breaks down how new U.S. tariffs — yes, even the science fair-style ones — are impacting mortgage rates here in Canada. With five-year bond yields dropping, we're seeing some of the most competitive fixed mortgage rates in recent memory. But with a possible Bank of Canada rate cut on April 16 and stagflation creeping in, what does it all mean for homebuyers, homeowners, and real estate investors? - Are mortgage rates going down for good? - Will this boost Canada's cooling housing market? - Should you go fixed or variable right now?

Welcome to another episode of Make Money Count! This week, we're pulling back the curtain on Trump's trade policies—and it's not just Trump calling the shots. Who's really influencing America's economic strategy?

Canada just got a new Prime Minister, but what does that mean for your finances, mortgage rates, and the country's economic future? In this episode of Make Money Count, Marcus & Justin dive into:  ✅ How the leadership change might affect mortgage rates ✅ Pierre Poilievre's growing popularity (and possible pitfalls) ✅ Canada's missed opportunities in trade, intellectual property, and economic strategy ✅ What borrowers, businesses, and investors should watch for next Is Canada heading toward growth, or are we stuck in political and economic limbo?

The Prime Rate Drops—But at What Cost?  Canada's prime rate just dropped by 25 basis points, and while that sounds like great news for borrowers, there's more to the story. Tariff disputes, market instability, and new U.S. travel restrictions for Canadians could shake things up. What does this mean for real estate? Will lower rates boost the economy? How do trade tensions impact your investments?

Interest rates in Canada are falling faster than expected, but will this be enough to revive the real estate market? In this episode, we break down: Toronto & Canadian Real Estate: The sales-to-new listings ratio is at 33%, active listings are up 76% YoY, and prices are dipping slightly. Are we officially in a buyer's market? Falling Interest Rates: BMO & RBC predict deeper rate cuts—what does this mean for mortgages and homebuyers? Canadian Dollar Struggles: As the loonie takes a hit, what impact will this have on real estate and investments? Auto Industry Gets a Reprieve: Will this short-term relief have long-term effects? Trudeau's Strategy & EI Reforms: The government is holding off on a short-term trade deal while economists push for Employment Insurance reforms—how could this reshape consumer spending?

Major Economic Changes Ahead! What Does It Mean for You? From Trump's proposed tariffs to Canada's Liberal leadership race, big shifts are happening that could impact your investments, mortgage rates, and cost of living. In this video, we break down: Trump's Tariffs: How a 25% import tax could shake Canada's economy. Liberal Leadership Race: What new policies could mean for housing and mortgages. Mortgage & Investment Tips: How to stay ahead in uncertain times.

Will the Bank of Canada finally cut interest rates? The latest Consumer Price Index (CPI) numbers are out, and they could be signaling a major shift in the mortgage market. In this episode, we break down: What does the new CPI data mean for inflation and interest rates How homeowners, buyers, and investors should react Whether now is the time to lock in a mortgage or wait for lower rates If you're a homeowner, mortgage holder, or investor, this episode is a must-watch. Stay ahead of the market and make smarter financial decisions!

In this episode of Make Money Count, we break down how U.S. tariffs are driving inflation and impacting the global economy. We discuss: ✅ Why tariffs are pushing consumer prices higher ✅ The ripple effects on industries like auto manufacturing and healthcare ✅ What this means for Canadian businesses and homeowners Plus, we analyze the Federal Reserve's stance and how these trade tensions could affect future interest rates. Wondering how this impacts your mortgage or investment decisions? Cannect is here to help.

In this eye-opening episode of the Make Money Podcast, Toronto City Councillor Brad Bradford & Marcus discuss the city's $18.8 billion budget, exposing hidden inefficiencies, mismanaged funds, and bureaucratic hurdles that are holding Toronto back.   What You'll Learn: The REAL reason behind Toronto's skyrocketing property taxes How the city mismanages over $30 billion in reserves The truth about Toronto's “deficit” (spoiler: it's not what you think!) Why vendors are avoiding city projects Bold solutions for housing, transit, and public services   Brad shares his candid thoughts on Toronto's culture of risk aversion, inefficient governance, and what needs to change for the city to thrive.

In this episode, Marcus & Justin discuss the far-reaching effects of U.S. tariffs on the global economy, particularly focusing on real estate and interest rates. From the aggressive tariff strategies under President Trump to the economic uncertainty that impacts markets, we break down how these policies could shape the future of real estate in North America. We also discuss Canada's role in U.S. trade, the growing pressure on Canadian industries, and why Canada needs to rethink its economic strategy to protect itself from unpredictable U.S. policies. Key Topics: How tariffs affect interest rates and real estate prices Trump's economic goals and their consequences for Canada Canada's reliance on U.S. trade and the need for change The political and economic tension between the U.S. and Canada Listen to the full episode for a deep dive into how international trade tensions are affecting your bottom line!

Welcome to this episode of Make Money Count! The BoC lowered its key rate by 25 basis points, bringing the prime rate down to 5.2%—and more cuts are expected! What does this mean for homeowners, investors, and borrowers? Variable vs. Fixed Rate Mortgages – Should you break your fixed rate? HELOC & Line of Credit Rates Rising – What you need to know Housing Market Outlook – Is now the right time to buy? Canada's Economic Future – What's next for interest rates? If you're thinking about switching to a variable rate or have a mortgage renewal coming up, now is the time to act! Contact us to find the best mortgage strategy for you.

Welcome to this episode of Make Money Count! Property tax hikes? New city fees? Toronto's $1.5 billion budget deficit could have major implications for your finances. Don't worry—we've got you covered. In this audio, Cannect's experts explain how you can navigate these changes with ease. Refinance smarter with Cannect's mortgage options. Make your money work harder with our investment solutions.

Welcome to this episode of Make Money Count! Are you wondering where interest rates are headed in 2025? We've got you covered! In this episode, we break down: What Canada's major banks predict for interest rate changes How global politics and potential U.S. tariffs could impact the economy Tips for homeowners and investors to prepare for the shifts ahead We simplify the complex financial news and provide actionable insights to help you navigate these changes with confidence. Highlights from this episode: Scotiabank and National Bank's opposing forecasts The economic drivers behind interest rate changes How political shifts could influence Canadian monetary policy Whether you're managing a mortgage, considering investments, or planning your finances for the future, understanding these predictions and trends is essential.

Are you approaching your mortgage renewal? Don't settle for the first offer! In this episode of Make Money Count, we dive into: Why mortgage lenders are fighting for your business. Insider tips on how to get the best rates and terms. The importance of understanding your options before you renew. Get ahead of the rate wars and learn how to save thousands on your mortgage.

Is Trudeau's political future at risk? What's driving the U.S.'s surprising interest in Greenland? And how will Canada's economy handle new trade tensions? Dive into this thought-provoking discussion as Marcus and Justin unpack the latest North American political and economic twists. Hear now to uncover the connections no one else is talking about!

Join us as we discuss expert predictions for 2025, covering the housing market, interest rate trends, and how political decisions might shape Canada's economy. Whether you're a homeowner, investor, or just curious, this episode provides valuable insights to prepare for the year ahead.

As 2024 comes to a close, Canada is facing some of its most pivotal challenges yet. Join Marcus and Justin in this special holiday episode of Make Money Count as they break down:   ✅ Chrystia Freeland's resignation and its impact on Canada's leadership. ✅ The Liberal government's spending habits and the economic repercussions. ✅ Market predictions: Could Trudeau's tenure end before 2025? ✅ Strained U.S.-Canada relations and their implications for our economy.   Don't miss out—watch now to stay informed about Canada's future!

The Canadian government announced a 50 basis points cut in interest rates, with the prime rate dropping from 5.95% to 5.45%, and the overnight rate falling to 3.25%. But what does this mean for Canadians, and how will it affect the economy in the long term? In this episode, Marcus and Justin discuss the implications of the rate cut, what it means for inflation, the real estate market, and the broader Canadian economy.

The Canadian government recently introduced a $250 GST rebate to help Canadians manage rising costs, but is this financial aid a quick fix or a risky move that could fuel inflation and increase government debt? In this audio, we break down what the rebate means for you, how it impacts the economy, concerns about government spending, and explore smarter solutions for achieving long-term financial stability.

The Bank of Canada's next rate decision is just around the corner! Will we see another hike, or could this be the turning point for rate cuts? In this audio, we discuss: How Canadian banks are profiting from high rates. What this means for your mortgage. Why variable-rate mortgages might be your best bet. How Cannect can help you navigate this financial landscape. Get the insights you need to stay ahead in a challenging economy.

Are you curious about how recent economic changes impact your finances? In this audio, we dive deep into key topics affecting the Canadian economy, mortgage rates, and investment opportunities. Learn how to navigate these shifts confidently and make informed decisions with expert insights from Cannect.

In this episode, Marcus and Justin break down the latest economic shifts and how they affect Canadian housing affordability. From rising CPI and bond yields to the challenges facing condo markets, they share expert insights on navigating these changes, including mortgage strategies for homeowners. Tune in to hear their advice on whether now's the right time for a variable rate and what the future holds for housing supply and demand. Don't miss out on actionable advice for making smart moves in today's market!

Toronto's real estate market is evolving, but is now the right time to buy? Join us with real estate expert Benjamin Ferguson as we dive into the market's biggest trends, from construction costs and high demand to variable-rate mortgage benefits. We break down what's impacting real estate prices, the influence of immigration, and why Toronto remains a prime spot for buyers and investors alike. Watch now to discover if Toronto housing is set to rebound!

In this episode, we dive into how Donald Trump's potential return to power could shake up Canada's real estate market and mortgage landscape. With close economic ties, shifts in U.S. policies often have ripple effects here in Canada—especially when it comes to mortgage rates and bond yields. What does Trump's focus on American productivity, tariffs, and government spending mean for Canadian homeowners and anyone looking to renew or get a mortgage? We break it all down and explore what Canadians might expect, from rising interest rates to new trade dynamics. Tune in to find out how you can prepare and make the most of these potential changes!

In this episode of the Make Money Count, we tackle one of Canada's most pressing economic challenges: the alarming decline in productivity. Join our hosts as they explore why productivity is crucial for our nation's growth and how Canada's current situation compares to other developed countries, especially the U.S. We delve into the impact of oligopolies, overregulation, and infrastructure deficits that stifle innovation and competition. With the Bank of Canada hinting at future interest rate cuts, we discuss how our unique mortgage market magnifies economic challenges. Can Canada turn this trend around? What steps should we take to attract skilled workers and invest in the fundamentals of our economy?

Welcome back to another episode of Make Money Count! Today, we're diving into some significant updates about the Canadian economy that you won't want to miss. The Bank of Canada recently cut interest rates by 50 basis points, a move that could reshape the landscape for homeowners and investors alike.

In this episode of Make Money Count, we dive into the latest financial news, including the recent Consumer Price Index (CPI) report showing a 1.6% increase, largely due to falling gas prices. We also discuss the possibility of more interest rate cuts by the Bank of Canada and why locking into fixed mortgage rates might not be the best idea right now. Additionally, we touch on how penalties for shopping for credit and the stress test are making it harder for consumers to find better financial deals. Stay informed, and learn how to navigate these uncertain times with the right mortgage strategies.

Welcome to Make Money Count! Are you looking to maximize your home's potential? The Canadian government just introduced a game-changing refinancing option allowing you to refinance up to 90% of your property's value! In our latest podcast episode on Make Money Count, we break down everything you need to know about this new program, including: ✅ How to qualify for the 90% LTV refinance ✅ Potential risks and how to navigate them ✅ Tips for adding rental units to boost your income ✅ Insights into recent CMHC policy changes and what they mean for you

Big news for homeowners and mortgage holders! In this episode, we break down the new rule by OSFI that makes it easier to switch mortgage lenders at renewal without going through a stressful qualification process. Learn what this means for you, how you can benefit from shopping around for better rates, and why now might be the perfect time to consider a mortgage renewal. At Cannect, we're committed to helping you save money and simplify your mortgage experience.

In this episode, we break down the major factors influencing interest rates in Canada and the U.S. – from the Federal Reserve's recent 50 basis point cut to Canada's CPI hitting 2%. With more rate cuts expected in 2024 and 2025, it's crucial to understand how this impacts your mortgage. Should you switch to a variable-rate mortgage? What about potential penalties? We cover it all, including key advice on how to navigate this shifting economic environment and save money on your mortgage. Don't miss out on these expert insights!

In this episode of Make Money Count, we break down the latest announcement from Canada's Minister of Finance about significant changes in home-buying rules. We discuss: The increase of the maximum insurable purchase price from $1 million to $1.5 million, making it easier to buy a home with less than 20% down. The introduction of 30-year amortizations for first-time buyers and newly built homes, lowering monthly payments but increasing total interest paid. How these changes may impact future interest rate cuts and housing market activity.

In this video, we explore the key economic trends shaping Canada right now – from rising unemployment to potential interest rate cuts by the Bank of Canada. How will these changes impact homeowners and investors? And what could nationalizing oil production mean for Canada's future economy? Learn more about the latest shifts in the housing market, mortgage rates, and innovative ideas to help tackle Canada's debt. Whether you're looking to refinance, invest, or simply stay informed, Cannect is here to help you guide these uncertain times with confidence.

The Bank of Canada just announced a 25 basis point cut, bringing the prime rate down to 6.45%! While many hoped for a bigger drop, there's good news ahead. The Bank of Canada has signaled that more rate cuts are expected in the coming months. According to TD, we could see up to 250 basis points shaved off by the end of 2025, bringing the prime rate down to 3.95%. Lower rates are on the horizon!

Is your mortgage up for renewal soon? Don't just sign the dotted line without doing your homework! In this video, we're sharing the top 5 tips to help you navigate the mortgage renewal process like a pro. From starting early to understanding your financial situation, these strategies will ensure you get the best deal possible. Whether you're considering a HELOC, aiming for the lowest rate, or simply looking to optimize your finances, this guide has you covered. Watch now and take control of your financial future!

In today's fast-changing economy, it's important to stay ahead. Join us as we break down the latest market trends, including possible interest rate cuts and the challenges in the real estate market. Discover how Cannect can help you turn these challenges into opportunities, whether you want to refinance, invest, or just get expert advice. Don't miss out on tips that could save you money and help you achieve financial success.

In this episode, we explain the recent changes in Canadian mortgage policies and their potential impact on the housing market. From the introduction of the 30-year amortization for insured pre-construction mortgages to the increasing reliance on family gifts for down payments, we'll share everything you need to know, whether you are a homebuyer or investor.

This podcast explores the latest developments in the Canadian housing market. From the Bank of Canada's potential rate cuts to the challenges facing the condo market, and the looming crisis in housing supply, we cover it all. Whether you're a homeowner, prospective buyer, or investor, understanding these trends is crucial for making informed decisions. Don't miss out on this essential market update!

In this episode of "Make Money Count," we break down the essential factors to consider when choosing a mortgage broker. Drawing from Rob McLister's article in the Financial Post, we explore how Cannect ensures you get the best deal. Learn about the importance of responsiveness, understanding your long-term needs, and genuine shopping around. Discover how Cannect's strong lender relationships and commitment to your financial future set us apart. Tune in to make an informed decision for your mortgage needs!

Welcome to Make Money Count! In this video, we explore the predicted rate cut by the Bank of Canada and its potential impact on the real estate market. What does this decision mean for homebuyers, investors, and the overall housing market in Canada? However, a 25 basis point rate cut might be insufficient. We expect that at least an additional 50 basis points will be necessary to fully support the economic recovery. Join us as we explore the details and analyze how lower interest rates could influence property prices, mortgage rates, and investment opportunities. Stay tuned for expert insights and practical advice on navigating the changing landscape of Canadian real estate.

Welcome to Make Money Count! In this episode, we explore the recent decline in bond yields and its implications for mortgage rates. Join Marcus and Justin as they break down what this means for prospective home buyers and the broader housing market. Don't miss this insightful discussion on how economic trends can affect your financial decisions.

Welcome to our latest episode of Make Money Count! In this episode, we talk about the current state of Toronto's condo market amidst high interest rates. We break down how these rates are impacting buyers and investors, and why many are reconsidering their positions. We also discuss the surge in condo supply and what it means for prices. Additionally, we explore the strategies banks utilize to manage risks and the potential impact of immigration on the market.

Welcome to our newest episode of Make Money Count! In this episode, we discuss the latest CPI numbers and explore the real estate market, giving you tips on buying a home in today's ever-changing landscape. With scams on the rise, we also share important tips on how to stay safe during the mortgage process. From budgeting to home buying, this episode is packed with valuable information to help you navigate these turbulent financial times with confidence!

Welcome to Make Money Count! In this episode, we cover the latest updates in the mortgage market and economic trends impacting your financial decisions. We discuss Canada's 5-year bond yield drop to 3.3%, resulting in average fixed mortgage rates of 4.8%. We explore why opting for a variable-rate mortgage could be wise amidst current economic conditions. We also analyze the Bank of Canada's cautious stance on interest rate cuts due to inflation concerns, with decisions pending on economic performance in both Canada and the US.

We're excited to bring you this week's episode of Make Money Count, where we delve into the latest developments in the real estate market. This episode is packed with valuable insights for potential homeowners, sellers, and investors. Join us as we discuss the impact of recent rate cuts, supply-demand dynamics, and future interest rate movements predictions. We also analyze the ongoing supply-demand imbalance in the housing sector.

On June 5th, 2024, the Bank of Canada announced a rate cut of 25 basis points, a move that has significant implications for the Canadian economy and personal finances. This decision, aimed at stimulating economic growth, is expected to have a broad impact on various financial products, including mortgages and home equity loans. For homeowners and potential buyers, the most immediate effect will be on mortgage interest rates. The rate cut typically leads to lower mortgage rates, making it cheaper for Canadians to borrow money for home purchases. Existing homeowners with variable-rate mortgages will likely see a reduction in their monthly payments. This could also be an opportune time for those with fixed-rate mortgages nearing renewal to potentially secure lower interest rates.