Podcasts about canadian economy

Canada's Economy Is Stalling — Here's What You Need to Know! Feeling anxious about the Canadian economy? You're not alone — and it's not just a hunch. Consumer confidence just hit record lows, small businesses are struggling, and mortgage renewals are sending shockwaves through households. In this episode of The Wise Old Owl Show, Vince breaks down the key signals you need to know — and what they mean for your finances.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Al welcomes Douglas Porter, Chief Economist at the Bank of Montreal, to the podcast to discuss Canada's current economic landscape. They delve into topics such as Canada's economic performance in the first quarter of 2025 and the effects of trade wars with the U.S. on Canadian businesses and consumers. Porter shares valuable advice for small business owners and entrepreneurs navigating this uncertain economic climate. He also offers his perspectives on the 'Buy Canadian' movement and inter-provincial trade barriers, and what they could mean for the economy. To lighten the mood, Sean McCormick, VP of Business Development at Moneris Data Services, joins Al to share early consumer spending data from this year's NHL Playoffs.Links of Interest:BMO EconomicsMoneris Data Services  Subscribe now!If you have a payment-related or business question you'd like to submit to one of our experts, you can email us at podcast@moneris.com.Just Good Business is a Moneris podcast production hosted by Al Grego.

After declaring victory in yesterday's Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump's on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump's tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.Plus, we'll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout. Here's everything we talked about today:"Trump knows exactly what he just triggered in Canada" from CBC News"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times"Mike Myers Is Ready to Defend Canada" from The New York Times"Canada says its friendship with the US is ‘over.' Now what?" From Politico "The future of the USMCA" from the Peterson Institute for International EconomicsWe want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

After declaring victory in yesterday's Canadian election, Prime Minister Mark Carney said the “old relationship” with the United States is over. Over the past few months, President Donald Trump's on-and-off tariffs and repeated annexation threats have caused Canadians to reconsider the United States as its leading trading partner and ally. But Patricia Goff, professor of political science at Wilfrid Laurier University, said the idea of disentangling the two economies is unrealistic. On the show today, Goff explains how Trump's tariffs and annexation threats influenced the Canadian election, how Canadian industries are navigating the trade war, and what this all could mean for the future of the U.S.-Mexico-Canada trade agreement.Plus, we'll hear a pitch for a new “Make Me Smart”-themed rear window sticker. And, what one psychologist got wrong about burnout. Here's everything we talked about today:"Trump knows exactly what he just triggered in Canada" from CBC News"Liberal Bruce Fanjoy topples Pierre Poilievre in Carleton" from CBC News"Canada-U.S. Relations Continue to Reach Lows Over Tariffs and Annexation Threats" from The New York Times"Mike Myers Is Ready to Defend Canada" from The New York Times"Canada says its friendship with the US is ‘over.' Now what?" From Politico "The future of the USMCA" from the Peterson Institute for International EconomicsWe want to hear your answer to the Make Me Smart question. Email makemesmart@marketplace.org or leave us a voicemail at 508-U-B-SMART.

Canada is backed into a corner, being forced to react to Donald Trump's tariffs. Every ‘expert' is running around talking about the best way to respond to this current situation, with most talking about “fighting” Trump. But how did things get so bad that our economy is so dependent on the USA? American workers produce $22,100 U.S. more goods annually per worker than Canadians - and this is thanks to the lack of investment - and a lack of political will to have Canada build an economy not so dependent on the U.S. John Turley Ewart is a contributing columnist with The Globe and Mail, and a Banking Consultant - he joins Stephen LeDrew for Three Minutes. Hosted on Acast. See acast.com/privacy for more information.

Brian interviews Todd Hirsch. Todd is a Calgary-based chief economist, speaker, commentator and the author of "The Boiling Frog Dilemma: Saving Canada from Economic Decline". Todd Hirsch talks about trade wars, tariffs, what he thinks Canada needs to do now and his forecast for the Canadian and global economies.

Candidates Panel: Charles Sousa, Andrew Scheer & Don Davies; The Front Bench with: Brian Gallant, James Moore, Tom Mulcair & Robert Benzie.

In this episode of CGE Radio, J. Richard Jones sits down with EY Canada's Janice Horne, Jen Mossop Scott, and Rohit Boolchandani to explore how digital credentials could play a pivotal role in strengthening Canada's economy and restoring its global competitiveness. With Canada navigating a tense trade dispute with the U.S. and seeking ways to enhance productivity, resiliency, and interprovincial trade, our guests unpack how secure and trustworthy digital identity systems can be a key enabler of growth and unity. We dive into: Why global rankings matter and how Canada can climb back up Lessons from India's Aadhaar system and what Canada could adopt How to get started in a complex digital policy landscape Ensuring citizen trust, privacy, and equity in adoption Tune in for an insightful discussion on how governments can put citizen-centric digital trust at the heart of Canada's economic future.

Newsrooms, dinner tables and just about everyone in between woke up on the edge of their seats the morning of April 2 - the day US President Donald Trump dubbed 'liberation day' - but heading to bed, it was more of an uneasy feeling of 'now what?'. A few days later as the dust has started to settle, the confusion and ambiguity, however, has not. Although Canada was not on Trump's exhaustive reciprocal tariff list, 25% tariffs on foreign-made vehicles exported to America did apply to Canadian cars. Prime Minister Mark Carney struck back with 25% retaliatory tariffs on foreign-made vehicles imported to Canada, but the lines remained blurred with the Canada-US trade future. What tariffs are in place, what aren't, how many jobs are on the line, how much more expensive will cars be, and whose economy will be feeling the effects the worst? Host Cormac Mac Sweeney speaks with Principal Economist with the Conference Board of Canada, Richard Forbes gets to the bottom of Trump's latest tariff announcement. We love feedback at The Big Story, as well as suggestions for future episodes. You can find us: Through email at hello@thebigstorypodcast.ca  Or @thebigstoryfpn on Twitter

Canada's happy trade arrangement with the U.S has ended. And while it seemed sudden and alarming, it was not totally unforeseeable to those watching the bigger shifts in global trade. Among those who predicted this moment, Roger Martin. He's the former dean of the Rotman School of Management and a best-selling author. He talks to host Amanda Lang about how globalization began to unravel, the problems with U.S.-Canada trade and why Canada needs to ‘ask the EU question.'

When they think about the economy of Canada's Atlantic provinces — New Brunswick, Nova Scotia, Prince Edward Island and Newfoundland and Labrador — no doubt many Canadians' minds first go to the fishing industry. But it's so much more than that. In fact, the Atlantic economy has taken on a new sense of vibrancy and diversity in recent years. Scotiabank's Atlantic Regional Senior Vice President Nicola Ray Smith and David Chaundy, the President and CEO of The Atlantic Economic Council, join us to help break down the current state of the economy in Atlantic Canada.    For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures    Key moments this episode:    1:54 – David gives us a snapshot of the Atlantic Canadian economy  4:22 – What Nicola is hearing from her clients about the general mood around the Atlantic Canadian economy  6:18 – David gives a surprising stat about the Atlantic Canada fishing industry and a primer about what other industries play a significant role  9:24 – What sector is a growth area in the region?  9:53 – What other Canadians may be surprised about when it comes to the Atlantic Canadian economy  13:40 – How population growth and shifting demographics factor into the economics of the region  17:35 – Both guests tell us what they see as the biggest challenges are for the Atlantic provinces from an economic perspective, as well as the biggest opportunities  22:56 – Nicola reflects on the significance of Scotiabank's history in the region 

A federal election in Canada is just a few weeks away and top of mind for many voters is the economy and the volatile trade situation with the U.S. Rebekah Young, Vice President and Head of Inclusion and Resilience Economics at Scotiabank, is our guest to tell us how the election could be an opportunity to think about how we make the Canadian economy more resilient and less vulnerable to external forces.    Check out the Scotiabank Economics full report, Owning the Podium in Canada's Federal Elections for more.    For legal disclosures, please visit http://bit.ly/socialdisclaim and www.gbm.scotiabank.com/disclosures Key moments this episode:    1:40 – The crux of what this new Scotiabank Economics report is asking of campaigning politicians  2:57 – The specific number the report says politicians should be aiming for when it comes to economic growth (and why it was chosen) 6:43 – Why this challenge is necessary  9:26 – What are the policies a government might implement to achieve these goals?  14:01 – How is the responsibility divided up between public and the private sector?   17:10 – How the threat of tariffs and economic uncertainty are making us rethink things like interprovincial trade and regulation  20:00 – Some of the short term or temporary measures that could help achieve the proposed economic goal in the report  23:57 – What Rebekah and the economics team will be looking for as the campaign rolls out  27:07 – What should Canadians be looking for in an election campaign? 

This week, Vince breaks down the devastating impact of Donald Trump's trade tariffs on Canada's economy, from plummeting consumer confidence and a 7% drop in the loonie to rising costs of living and falling mortgage rates. With businesses slamming the brakes on investment and housing sales freezing, the country is heading into a recession due to the unpredictability of these tariffs. As the cost of groceries, cars, and imported goods rises, and with interest rates dropping in response to economic panic, Canada faces a financial crisis that's only getting worse.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

For all his threats, U.S. president Donald Trump still has not imposed tariffs on Canadian goods covered by the Canada-US-Mexico trade deal, with the exception of steel and aluminum tariffs imposed today. In fact, he has delayed the start date of tariffs on Canada and Mexico twice. The economy is already being battered by uncertainty around tariffs. Will there be another delay? How long will tariffs last if and when they're imposed? See omnystudio.com/listener for privacy information.

Guest: Julian Vikan Karaguesian, a lecturer in the Department of Economics at McGill University and worked for Canadian Ministry of Finance for more than 25 years.

Guest: Jim Kilpatrick, Global Supply Chain and Network Operations Leader, Deloitte Canada.

Amanda Lang, business anchor with BNN Bloomberg and the host of “Taking Stock” which can be heard anywhere on the Iheart network

In this episode of Hart2Heart, Dr. Mike Hart sits down with Daniel Ari Freiheit, better known as Lion Advocacy on X to dive deep into government inefficiencies, civil liberties, and economic policies. As a corporate commercial lawyer in Ontario, Dan has been outspoken about vaccine mandates, employment rights, and the growing concerns around government spending. In this conversation, Dan and Dr. Hart tackle pressing issues like carbon taxes, MAID expansion, the fentanyl crisis, and even the provocative idea of Canada becoming the 51st state. They also explore what a Department of Government Efficiency (DOGE) could uncover, from wasted resources to bureaucratic mismanagement, and how it could reshape Canada's political landscape. Guest Bio and Links: Dan Ari Freyheit, known as Lion Advocacy on X, is a corporate commercial specialist in Ontario with expertise in employment law and conflict resolution. He became a vocal advocate on social media during the covid pandemic, highlighting employment injustices and government overreach. Listeners can learn more about Dan Ari Freyheit at his website, Lion Law, and on X @lionadvocacy Resources: Previously on Hart2Heart - Dr. Mike Hart and Daniel Ari Freiheit, MBA, LLB Attomic Habits by James Clear Show Notes: (0:00) Welcome back to the Hart2Heart Podcast with Dr. Mike Hart    (0:15) Dr. Hart introduces guest, Daniel Ari Freiheit to the listeners (2:00) Government waste - where is tax money going? (6:00) Mark Carney: Trudeau 2.0? (11:00) Freezing bank accounts & civil liberties (14:00) Food banks and economic crisis (16:00) Fentanyl crisis and Safe Supply programs (21:00) Medical Assistance in Dying (MAiD): compassion or cost-saving measure? (31:00) The redistribution of carbon tax money (35:30) The vaccine debate and public perception (40:30) Canada-U.S. relations and tariffs (42:00) Will Canada become the US 51st state? (54:30) Refugee policies and social services (58:00) Defunding the CBC: pros and cons (1:00:00) Final thoughts - wrap up --- Dr. Mike Hart is a Cannabis Physician and Lifestyle Strategist. In April 2014, Dr. Hart became the first physician in London, Ontario to open a cannabis clinic. While Dr. Hart continues to treat patients at his clinic, his primary focus has shifted to correcting the medical cannabis educational gap that exists in the medical community.  Connect on social with Dr. Mike Hart: Social Links: Instagram: @drmikehart Twitter: @drmikehart Facebook: @drmikehart  

Disclosures and Risk Information Investments, commentary, and opinions are solely those of the speakers and may not be reflective of any Sprott entity or affiliate. Forward-looking language should not be construed as predictive. While third-party sources are believed to be reliable, there is no guarantee as to their accuracy or timeliness. This information does not constitute an offer or solicitation and may not be relied upon or considered to be the rendering of tax, legal, accounting or professional advice.Relative to other sectors, precious metals and natural resources investments have higher headline risk and are more sensitive to changes in economic data, political or regulatory events, and underlying commodity price fluctuations. Risks related to extraction, storage and liquidity should also be considered.Gold and precious metals are referred to with terms of art like store of value, safe haven and safe asset. These terms should not be construed to guarantee any form of investment safety. While “safe” assets like gold, Treasuries, money market funds and cash generally do not carry a high risk of loss relative to other asset classes, any asset may lose value, which may involve the complete loss of invested principal.Rosenberg Research Free 30 Day Sign Up https://hub.rosenbergresearch.com/fre...Rosenberg Research: https://rosenbergresearch.com/david-r...WAIVER & DISCLAIMERIf you register for this webinar/interview you agree to the following: This webinar is provided for information purposes only. All opinions expressed by the individuals in this webinar/interview are solely the individuals' opinions and neither reflect the opinions, nor are made on behalf of, Bloor Street Capital Inc. Presenters will not be providing legal or financial advice to any webinar participants or any person watching a recorded version of the webinar. The investing ideas and strategies discussed on this webinar/interview are not recommendations to buy or sell any security and are not intended to provide any investment advise of any kind, but are made available solely for educational and informational purposes. Investments or strategies mentioned in this webinar/interview may not be suitable for your particular investment objectives, financial situation, or needs. You should be aware of the real risk of loss in following any investment strategy discussed in this webinar/interview. All webinar participants or viewers of a recorded version of this webinar should obtain independent legal and financial advice. All webinar participants accept and grant permission to Bloor Street Capital Inc. and its representatives in connection with such recording. The information contained in this webinar/interview is current as of January, 2025 the date of this webinar/interview, unless otherwise indicated, and is provided for information purposes only. Bloor Street Capital was paid a fee for this Interview.

Carbon Tax Carney Will CRUSH Canadian EconomyBecome a supporter of this podcast: https://www.spreaker.com/podcast/radio-baloney-the-richie-baloney-show--4036781/support.

Guest: Trevor Tombe, economist & Professor of Economics, University of Calgary

#canadianrealestate #canadianeconomy #realestateagentsCHECK OUT OUR NEW SPONSOR CHEXY

Donald Trump famously threatened to put a 25% tariff on all goods coming from Canada. Since then politicians at all levels of government (except Danielle Smith) have been running around like chickens with their heads cut off - threatening counter-tariff's - to try to quell fear. The reality is - Donald Trump thinks that he can make America Great with tariffs - and Canada needs to take this seriously. Brian Lilley is a columnist with the Toronto Sun - he joins Michael Diamond, filling in for Stephen LeDrew, to discuss this for Three Minutes. Hosted on Acast. See acast.com/privacy for more information.

In the lead-up to President Donald Trump's return to the White House, he has escalated his taunts and economic threats against Canada. How can we prepare for the potential upending of a trade relationship that is the backbone of the Canadian economy? To help sort through this we've gathered one of our all-star panels: Marta Morgan, former deputy minister of foreign affairs, Peter Loewen, the dean of the College of Arts and Sciences at Cornell University, and Mark Cameron, a former director of policy and research in the prime minister's office. They discuss Canada's challenges, missteps and the odds we'll have new tariffs on Day 1 of Trump's second term.

Why is Canada's housing market in such turmoil? In this episode, we uncover the perfect storm driving Canada's affordability crisis. From surging immigration and a housing supply shortage to sky-high interest rates and foreign investment policies, we break down how these factors intertwine to create one of the most pressing economic issues in the country. We also explore: Trudeau's role in Canada's economic divergence. How Canada's housing market compares to the U.S. The ripple effects of speculative real estate and ghost towns. Is there hope for recovery, or are these problems here to stay? Tune in to hear our take on the future of housing in Canada!

Send us a textThe Trump Effect on Canadian Trucking: Insights from Left Lane Associates' Mike McCarronIn this episode of the Trucking Risk and Insurance Podcast, host Chris interviews Mike McCarron from Left Lane Associates about the potential implications of the Trump administration on the Canadian trucking industry. Mike discusses his career trajectory, including his work with Left Lane Associates, and offers a nuanced perspective on how U.S. tariffs and policies might impact the Canadian economy and trucking sector. They delve into topics such as Canada's potential economic recession, immigration issues, and the contrast between Canadian and U.S. trucking operations. Mike emphasizes the complexity of the intertwined U.S.-Canadian economies, Trump's unpredictability, and the need for effective leadership in Canada to navigate these challenges.Reach out to Mike:https://leftlaneassociates.camike@riteroute.ca00:00 Introduction and Guest Welcome00:34 Mike McCarron's Background and Left Lane Associates02:40 The Trump Effect on Canadian Trucking04:58 Tariffs and Economic Concerns13:34 Immigration and Trucking Industry Challenges18:44 Future of North American Manufacturing22:44 Conclusion and FarewellThis week's host:Chris HarrisSafety Dawg Inc: safetydawg.comChris@SafetyDawg.com1 905 973 7056Keeping it Safety Dawg Simple!#trucksafety #truckinsurance #truckpodcastDo you need a "Truck Driver Safety Policy?" Get it today! https://safetydawg.com/policy

The Bank of Canada has made its latest rate decision, but what does it mean for the Canadian economy? Join us as we break down the implications of this decision and explore what's next for Canada's economy. Mixed with a GST holiday & Cash Rebate what will the future hold. From inflation to interest rates, we'll dive into the key takeaways and what they mean for your wallet. Subscribe to the podcast on YouTube: youtube.com@manninguponrealestate?sub_confirmation=1 Watch this episode via YouTube: https://youtu.be/VHhPdb7lIjA Connect with Cameron through his socials: https://hoo.be/cameronemanning Cameron Manning is a TOP 1% agent with the ‪‪@kellyfryteam‬ in the Greater Vancouver Market with a focus on Real Estate Investors! --- Support this podcast: https://podcasters.spotify.com/pod/show/cameronmanning/support

In this captivating episode, hosts Robin and Al sit down with Jon Shell, Chair of Social Capital Partners, for a compelling conversation about the transformative potential of employee ownership and the stakes involved. Jon takes us on his journey from the private sector to championing public policy changes that support Employee Ownership Trusts (EOTs) in Canada. Together, they explore how EOTs can preserve businesses, empower employees as owners, and create a more equitable economy. Tune in to discover the benefits, challenges, and profound impact employee ownership could have on wealth distribution and economic resilience in Canada."You can't salary your way to wealth." ~ Jon ShellKey Takeaways:Economic Resilience: Employee ownership enhances job security, loyalty, and company performance, particularly during economic downturns.Public Policy and Wealth Distribution: Policy initiatives, like those supported by the Canadian Employee Ownership Coalition, are key to broadening access to wealth and fostering economic change.Succession Planning with EOTs: Employee Ownership Trusts (EOTs) offer a tax-advantaged, sustainable succession option for business owners, with the first $10 million in capital gains being tax-free in Canada.Ideal Candidates and Growing Interest: Stable, mature companies with strong cash flow are well-suited for EOTs, reflecting the growing interest in employee ownership across Canada.Brought to you by Aria Benefits and Life & Legacy Advisory Group

There has been much talk in Canada about incoming U.S. president Donald Trump telling PM Justin Trudeau at Mar-a-Lago that Canada might consider becoming the 51st state if $100 billion in trade tariffs would sink the Canadian economy, as Trudeau reportedly claimed. The migrant crisis in the U.S. which Donald Trump has referenced in future Canada/U.S. Relations. We found out from immigration lawyer Richard Kurland that CBSA documentation exists that illegal border crossings from Canada into the U.S. have been increasing since 2022. In Syria, the Assad dictatorship falls. Possible outcomes? Guest: Dr. Zuhdi Jasser. Medical internist in Phoenix, AZ. Former physician for members of the U.S. Congress and the Supreme Court of the United States. Learn more about your ad choices. Visit megaphone.fm/adchoices

Biden is not finished. He still has a month and a half to do as much damage to America as possible. After sending another $725 MILLION to Ukraine yesterday, Biden pledges $1B to AFRICA to help with natural disasters while Americans in NC/TN are still homeless in the wake of Hurricane Helene. Several prominent left-wing figures and outlets have been very critical of Biden's pardon of Hunter. South Korea briefly flirted with Martial Law this morning. Trump "joked" with Trudeau about adding Canada as the 51st state if tariffs destroyed the Canadian Economy. Eric Adams is begging for a pardon that he doesn't deserve. Dem fundraising platform ActBlue may be exposed for fraud in a court of law. Join UNGOVERNED on LFA TV every MONDAY - FRIDAY from 5pm to 6pm EASTERN!   www.FarashMedia.com www.LFATV.us www.OFPFarms.com 

This week in Canadian real estate, fresh GDP data revealed slower-than-expected economic growth. Canada's economy grew by 1% year-over-year in the third quarter, with GDP rising only 0.1% in September. On a per capita basis, GDP actually declined for the seventh consecutive quarter, reflecting further economic challenges. These weaker-than-anticipated numbers have shifted market expectations for a potential rate cut in December, with a 33% probability now placed on a 50-basis-point reduction. Despite these pressures, Canadians are saving at near-record levels! Household savings rate hitting 7.1% in Q3, as disposable income growth outpaced spending. This cautious approach reflects a broader sense of economic uncertainty and distrust in government policy as households prioritize financial stability amid ongoing volatility.However, alongside increased savings, Canadians are grappling with mounting debt and insolvencies. Credit card balances reached a record $110 billion in September, growing 9.7% year-over-year. Consumer insolvencies climbed 8.8% nationally and surged 18.4% in Ontario, returning to pre-pandemic levels. While not yet alarming, the pace of insolvency growth could escalate to financial crisis levels by 2025 if left unchecked. Meanwhile, the cost of housing remains a significant burden. Monthly mortgage payments for the typical home dropped slightly in October but remain up 90% compared to 2021 levels, with the average payment now sitting at $2,975—nearly double what it was just three years ago.In the mortgage market, both fixed and variable rates have seen modest declines from their 2024 peaks. Fixed rates currently average 4.4%, while variable rates are at 4.9%. These rates are expected to fall further, with markets projecting a bottom of 3% by mid-2025 as the Bank of Canada faces pressures from slowing inflation, weaker GDP, and economic risks such as Trump's proposed 25% tariffs. These tariffs could have a 2–3% negative impact on Canada's GDP, potentially driving the central bank to accelerate rate cuts to support the economy. Additionally, the rental market is poised to stabilize further, with new supply and slower population growth expected to ease inflationary pressures in housing over the next two years.Regionally, Vancouver's housing market continues to gain slight momentum. November sales are projected to rise 29% year-over-year, bringing activity closer to long-term 10-year averages. New listings, however, increased by just 10%, creating an environment where limited supply is supporting prices. Median prices climbed for the second month in a row, rising slightly by $5,000, while average prices jumped by $34,000. This contrasts sharply with the GTA, where new condo sales were down 91% compared to decade averages, and starts are forecasted to hit 20-year lows by 2025. While Toronto's challenges weigh on the broader market, Vancouver's resilience offers a glimmer of hope for Canadian real estate. Full November statistics will provide further clarity in the week ahead. _________________________________ Contact Us To Book Your Private Consultation:

Since last week's election, the U.S. stock market's been hovering around record highs. On this week's TLDR, we look at what the market seems to think is coming from the Trump administration. Plus, we try to anticipate what U.S. tariffs could mean for Canada. And, one of Matt's former colleagues made a killing betting on election markets. He breaks down his strategy for us.This episode was hosted by Devin Friedman, business reporter Sarah Rieger and former hedgefunder Matthew Karasz. Follow us on other platforms, or subscribe to our weekly newsletter: linkin.bio/tldrThe TLDR Podcast is offered by Wealthsimple Media Inc. and is for informational purposes only. The content in the TLDR Podcast is not investment advice, a recommendation to buy or sell assets or securities, and does not represent the views of Wealthsimple Financial Corp or any of its other subsidiaries or affiliates. Wealthsimple Media Inc. does not endorse any third-party views referenced in this content. More information at wealthsimple.com/tldr.

GUEST:   Pascal Chan, Senior Director, Transportation, Infrastructure and Construction at the Canadian Chamber of Commerce Learn more about your ad choices. Visit megaphone.fm/adchoices

Tim Hortons, Westjet, the Bay — over the last 15 years, private equity firms have been on a buying spree. But what is it, exactly? Also, how a new rule south of the border could make canceling that pesky streaming subscription easier and we talk Trump, tariffs and Canadian oil.

If you're living in Canada and you have a cell phone plan, or a bank account, or have taken a flight recently, or struggle to afford groceries, you already know how expensive and dysfunctional the country has gotten for consumers. Our guests on the podcast today have written a book about the rise of corporate monopolies (and duopolies and oligopolies) — and, as they write, this market concentration “goes well beyond the usual suspects.”Vass Bednar is the executive director of McMaster University's Master of Public Policy in Digital Society program, a contributing columnist to The Globe and Mail, and the host of its podcast Lately. Denise Hearn is a resident senior fellow at the Columbia Center on Sustainable Investment at Columbia University. Their new book, for the McGill Max Bell Lectures, is The Big Fix: How Companies Capture Markets and Harm Canadians.You can find Tara Henley on Twitter at @TaraRHenley, and on Substack at tarahenley.substack.com

The terms "competition" and "productivity" have filled the minds of policy analysts and economists in recent years. But, what does it all mean for Canadian consumers? Denise Hearn and Vass Bednar wrote about how capitalism has actually hurt consumers in their new book, "The Big Fix: How Companies Capture Markets and Harm Canadians." They join Steve Paikin to discuss more. See omnystudio.com/listener for privacy information.

Inflation has cooled down, with a rise of just 1.6% in September, significantly lower than August's 2.0%. Outside of the COVID-era disruptions, this marks the lowest inflation figure in 5.5 years, dating back to February 2019. Back then, the overnight rate was 1.75%, 2.5 basis points lower than today's rate. The drop in shelter costs, which dipped from 5.3% to 5.0%, contributed to this inflation slowdown. However, the Bank of Canada's core inflation measure, which excludes volatile components, remained steady at 2.3%.What's striking is that this inflation print came in below market expectations of 1.8%, significantly reshaping interest rate forecasts. Analysts are now predicting a 70% chance of a 50 basis point (bps) rate cut at the BoC's meeting on Wednesday, with a further 25 bps reduction anticipated for December. If this scenario unfolds, the overnight rate could end 2024 at 3.5%, and markets expect it to drop to 2.5% by October 2025. Such a drastic forecast has led many mortgage brokers to advise clients to consider variable-rate mortgages, anticipating a steady decline in rates over the coming year.At present, the BoC's overnight rate stands at 4.25%, about 150-200 basis points above what is considered neutral. Given the state of inflation and a rising unemployment rate, there seems to be little reason for the BoC to delay a rate cut on Wednesday. This could also alleviate some of the pressure on Canada's bond market which has been feeling the strain from high rates, though the Canadian dollar will be the sacrificial lamb.  Housing starts in Canada have taken a significant hit, dropping 16% year-over-year (y/y). In Vancouver, this trend is even more pronounced, with a 23% decline in year-to-date housing starts. Toronto fares even worse, with condo starts down by 70% y/y, marking a three-year low. With a rolling 12-month condo pre-sale figure of just 6,000 units—an all-time low—developers are pulling back hard on new construction. With construction costs still high and no immediate relief in sight, this reduction in supply is likely to exacerbate Canada's already tight housing market in the long term.Another worrying trend is the increasing number of business closures. Last month, Canada saw a 1% drop in active businesses, the largest month-over-month (m/m) decline since the pandemic. The number of active businesses fell from 938,000 to 929,000, with construction companies leading the exodus—643 construction businesses shut down in September alone. This points to a broader economic slowdown, particularly in the housing sector, which is reliant on steady construction activity. New business openings also hit a four-year low, signaling reduced optimism among entrepreneurs.All eyes are now on the BoC's rate decision on Wednesday. With inflation easing and housing construction slowing dramatically, a rate cut seems increasingly likely. However, businesses are still struggling, and new policies may be needed to stimulate growth and prevent further economic downturns. The BoC's decision will set the tone for the remainder of 2024, and possibly 2025, as Canada navigates these uncertain times. _________________________________ Contact Us To Book Your Private Consultation:

The Canadian Federation of Independent Business warns a work stoppage at Air Canada could have a devastating effect on small business and the Canadian economy. If A.C. And ALPA cannot reach an agreement, then CFIB is calling on the federal government to be prepared to step in and impose binding arbiration or back-to-work legislation. Guest: Dan Kelly. President/CEO, CFIB Learn more about your ad choices. Visit megaphone.fm/adchoices

How can Canada crack the productivity code to secure a prosperous future? Join us for an enlightening conversation with Pedro Antunes, the Chief Economist for the Conference Board of Canada, as he unpacks the pivotal role productivity plays in shaping our nation's economic landscape. He scrutinizes why GDP per hour worked is a crucial metric for income generation and long-term growth, and why enhancing private sector productivity is essential for maintaining robust public services like healthcare and education. Pedro takes us on a journey through the complexities of the productivity equation. Using concrete examples, he illustrates how higher education and skill levels can lead to substantial income growth. We also uncover the challenges Canada faces with insufficient private investment, exploring how even minor differences in productivity growth rates can have significant long-term economic impacts. Our discussion emphasizes the importance of strategic investments and competitive tax reforms to enhance productivity and fuel economic growth. In our final segment, we tackle the productivity hurdles that emerged post-2015, including the impacts of oil price collapses, the COVID-19 pandemic, and U.S. tax cuts. We explore the post-pandemic challenges in sectors like utilities, transportation, and construction, and delve into the burgeoning knowledge economy. Pedro offers a forward-looking perspective on revitalizing public transit, addressing labor constraints in construction, and crafting immigration policies to attract the skilled trades necessary for housing development. Tune in to gain a comprehensive understanding of Canada's productivity landscape and the critical steps needed to navigate these multi-faceted issues. What You'll Learn: • The significance of productivity for Canada's long-term prosperity. • Key drivers of economic productivity and income growth. • The economic challenges and investment dynamics post-2015. • Post-pandemic productivity challenges and opportunities. • The evolving landscape of Canada's knowledge economy. Podcast Timestamps: (00:00) – An Introduction to Productivity (10:52) - Productivity Growth and Investment (17:15) - Investment Challenges and Solutions (32:56) - Canada's Post-Pandemic Productivity Challenges (37:32) – The Role of the Knowledge Economy in Productivity (47:12) – Through the Looking Glass: The Future of Productivity More of Pedro: Pedro Antunes is the Chief Economist for the Conference Board of Canada, where he leads a team responsible for producing economic forecast products and reports on key indicators impacting Canada. Joining the Conference Board in 1991 after working with the Canadian Forecasting Group at the Bank of Canada, Antunes has been a key figure in researching issues such as demographic change, public health care sustainability, and long-term economic growth. He regularly provides expert testimony before parliamentary committees and engages with Canadian leaders, the public, and media on economic issues important to the nation. Recently, he has focused on a report titled Cracking the Productivity Code, which addresses productivity challenges in Canada. LinkedIn: https://www.linkedin.com/in/pedro-a-22265a2/  Mentions: Cracking the Productivity Code: Charting a New Path to Prosperity Key Topics Discussed: Positive Leadership, Productivity, Canadian Economy, Economic Growth, GDP, Healthcare, Education, Labor, Capital Investments, Income Growth, Tax Reforms, Small and Medium-Sized Enterprises, Competitiveness, Knowledge Economy, Interprovincial Trade Barriers, AI, Immigration, Skilled Labor, Canada-US Relations, CEO Success More of Do Good to Lead Well: Website: https://craigdowden.com/LinkedIn: https://www.linkedin.com/in/craigdowden/

In this second podcast covering the upcoming U.S. Elections, policies are more important than ever.Highlights Include:- Biden drops out of the race, what is the difference today? (0:55)- What is the difference between winning the popular vote and winning the electoral college? (1:51)- What are the four scenario's for the U.S. Election? (4:00)- How will the proposed change in tariffs impact the market? (5:50)- What is the contrast between Harris and Trump on taxation policy? (9:35)- Immigration - what are the policies presented in these campaigns and will they have an impact on markets? (10:30)- What will the impact of the U.S. Election be on the Canadian Economy? (12:45)- Inflation, Rates, fixed income - what should we expect? (17:40)- Should we expect any change in the trajectory in the tech market? (20:10)- If considering volatility - what is the worst case scenario outcome in November? (24:05)- What would a Harris win look like? (27:45)- What can investors expect three-four months from now, what about two years? (29:40)Don't forget to listen in to our earlier podcast on U.S. Elections on your favourite app - or the TDAM page: https://www.td.com/ca/en/asset-management/insights/summary/trump-vs-biden-podcast   For a full transcript in English and French, please visit the TD Asset Management Podcast page: https://www.td.com/ca/en/asset-management/insights/Email any questions or ideas for future episodes to: td.tdamtalks@td.comPlease follow "TD Asset Management" on LinkedIn: https://ca.linkedin.com/showcase/tdassetmanagement/

The Liberal government promises it will now start to stem the flow of foreign workers - but is it too little too late? Former Liberal advisor Robert Asselin says regrettably, yes.

The impact a rail strike would have on Canadian economy Ron Foxcroft, Owner FLUKE Transport, Chairman of FOX 40 Industries, member of the Order of Canada Learn more about your ad choices. Visit megaphone.fm/adchoices

Canada's two largest railways are on strike in an unprecedented shutdown that will affect Canada's supply chain and commuter trains. Plus, the City of Toronto celebrated “Undocumented Residents Day” with a panel of radical pro-illegal immigration activists. And taking a page from Alberta, the Doug Ford government is cracking down on “safe” injection sites and shifting its focus to recovery. Tune into The Daily Brief with Cosmin Dzsurdzsa and Isaac Lamoureux! Learn more about your ad choices. Visit megaphone.fm/adchoices

The Bank of Canada (BoC) has recently undergone a significant shift in its monetary policy focus. Over the past two years, the central bank aggressively hiked interest rates to combat soaring inflation. These efforts have largely paid off, as inflation has been brought under control. However, this success has come at a cost—economic growth has been throttled, leading to rising unemployment and a surge in business insolvencies. Recognizing the need to pivot, the BoC is now shifting its priorities from solely fighting inflation to supporting economic recovery. The forecast for interest rates is now tilted towards cuts, with expectations of a pronounced decrease over the next two years. Mortgage rates are also anticipated to decline in tandem, offering some relief to homeowners renewing their mortgages during this period.As the BoC prepares to cut rates, it's essential to understand the implications for the mortgage market and the broader economy. The conversation has moved from concerns about inflation to worries about economic stability. Despite two years of rate hikes, the mortgage arrears rate has seen only a modest increase, from a low of 0.14% to 0.19% in May. Historically, arrears tend to rise after interest rate cuts begin, and this pattern is likely to repeat as the economy grapples with higher unemployment. However, even if arrears rates double, they would still be within long-term averages. The close correlation between unemployment and arrears suggests that as unemployment rises, so will arrears, though it may take a year or more before rate cuts start to reverse this trend.The broader economic landscape is also undergoing shifts. Canada's population growth remains strong, driven largely by non-permanent residents, who account for the majority of the increase. In the second quarter of 2024, the country saw a record 1.2 million year-over-year population growth, slightly higher than the first quarter. However, there's growing debate about whether this level of immigration is sustainable, with some arguing that the current rate is too high. Immigration has now become a more pressing issue in Canada than even climate change, with half of Canadians believing that the country is accepting too many newcomers. The government has set a mandate to reduce the number of non-permanent residents, but achieving this goal may prove challenging.In the mortgage market, originations are on the rise, surpassing levels seen from 2016 to 2019. Three and four-year fixed-rate mortgages remain the most popular choice among borrowers. Most mortgage renewals will take place in 2025 and 2026, at a time when the overnight rate is expected to be around 3%, a manageable level for those who took out mortgages when rates were near 0.25%. National housing inventory, while up from its 2021 low of 90,000, remains below long-term averages, with no signs of a dramatic increase in listings. Alberta and Saskatchewan are the only provinces where inventory is trending down, while others are seeing a gradual rise. As we move into the fall market, with rate cuts on the horizon and stable conditions, a balanced housing market is expected to continue for the remainder of 2024. _________________________________ Contact Us To Book Your Private Consultation:

The economic landscape in both the US and Canada is showing significant shifts that have important implications for homeowners, the housing market, and the broader economy. Recently, the Bank of Canada (BoC) made a notable move by cutting interest rates by 0.25%, hinting at further cuts to come. This action aligns with market expectations, with a cumulative 0.5% cut so far and forward guidance pointing to an additional 0.50% reduction, potentially ending 2024 at a 4% rate. This decrease from 5% to 4% has offered some relief to variable mortgage rate holders. For instance, a $500,000 mortgage would see monthly payments drop from $2,684 to $2,387, a substantial annual saving of $3,600 or about 12%.In the United States, inflation has eased from 3.3% to 3%, primarily due to lower consumer spending, raising the likelihood of a rate cut in September by 85.7%. The Federal Reserve has maintained a 5.5% rate for 12 months, a full 100 basis points higher than Canada's current rate. As both countries trend towards lower inflation, the sentiment grows that inflation is under control, with a path to 2% inflation expected within a year, accompanied by gradual rate cuts potentially ending at 3% by late 2025.However, the housing market's health is nuanced. While mortgage originations are increasing, signaling a potential recovery, several key metrics still require careful consideration. In Canada, rental market dynamics are shifting significantly. The recent CPI print showed an 8.5% year-over-year increase in rent, though the month-over-month increase was the lowest in two years, influenced by a record number of rental completions. There are currently 140,000 rental units in the construction pipeline, expected to add 6% more rental stock nationally and 15% in British Columbia over the next two years. This surge in supply might alleviate high rental rates, but challenges persist as private investors shy away from rental investments due to new policies. For instance, Bosa recently halted two purpose-built rental towers due to financial unfeasibility driven by new amenity cost charges and revised development cost charges.Housing starts have been declining steadily for three years, with new starts down 9% nationally in June to 241,000, below expectations of 255,000. Building permit applications also dropped 12% in May, indicating potential future supply constraints. In British Columbia, permits fell 53% month-over-month, partly due to a rush to secure favorable CMHC financing before regulatory changes.Despite these challenges, there are signs of stabilization. Mortgage originations rose 0.3% month-over-month in May, with annual growth at 3.5%, suggesting a potential bottoming out in late 2023. Predicted future rate cuts could further support this recovery over the next 18 months. Fixed-rate mortgages, particularly 3 and 4-year terms, dominate new loans, accounting for 55% of all new mortgages.As we approach the end of the month, preliminary sales data shows a balanced market for the second consecutive month, with slight declines in median and average home prices. Inventory levels and sales figures are stabilizing, indicating a cautiously optimistic outlook for the housing market. However, the overall economic environment remains complex, requiring ongoing monitoring of key metrics and trends. _________________________________ Contact Us To Book Your Private Consultation:

For the latest and most important news of the day | https://www.thecanadianpressnews.ca To watch daily news videos, follow us on YouTube | https://www.youtube.com/@CdnPress The Canadian Press on X (formerly Twitter) | https://twitter.com/CdnPressNews The Canadian Press on LinkedIn | https://linkedin.com/showcase/98791543

On this episode of The Your Life! Your Terms! Show we sit down to discuss the Canadian economy, real estate, interest rate trends, the U.S. consumer, debasement of our currency, taxes and more!  We also discuss the state of democracy and if it requires a mandatory reset every so often to continue being efficient.

In this episode of Hart2Heart, Dr. Mike Hart sits down with Kirk Lubimov, a political commentator and entrepreneur, discussing the intersection of Canadian politics, economics, and immigration policies. Kirk shares his insights on the impact of recent government policies on Canada's economic landscape, the challenges of entrepreneurship, and the implications of mass immigration. He also touches on topics such as public sector inefficiencies, the future of cryptocurrency, and the importance of making Canada an attractive destination for business investments. Guest Bio and Links: Kirk Lubimov is a political commentator and entrepreneur known for his insights on Canadian politics and economics. He focuses on the intersection of policy and economics, particularly in long-term views and their impacts on entrepreneurship and investment. Listeners can learn more about Kirk Lubimov on X @KirkLubimov Show Notes: (0:00) Welcome back to the Hart2Heart Podcast with Dr. Mike Hart    (0:15) Dr. Hart introduces guest, Kirk Lubimov to the listeners  (2:45) Discussion on Canada's immigration policies (8:25) Decline in self-employment rates in Canada (10:45) Challenges faced by Canadian entrepreneurs (15:10) Medicinal mushrooms denied, MAID approved  (20:30) Question: How does the fentanyl program work? (24:00) Bank of Canada's rate cut and Economic Implications (29:20) Rate cutes and the immigration status  (31:00) Future of housing prices and market predictions (38:00) Disparities in the housing market (42:00) Future predictions of the Canadian housing market (46:00) Rise in unemployment due to immigration  (49:30) Listener questions  (1:00:00) Kirk's views on cryptocurrency and its benefits --- Dr. Mike Hart is a Cannabis Physician and Lifestyle Strategist. In April 2014, Dr. Hart became the first physician in London, Ontario to open a cannabis clinic. While Dr. Hart continues to treat patients at his clinic, his primary focus has shifted to correcting the medical cannabis educational gap that exists in the medical community.  Connect on social with Dr. Mike Hart: Social Links: Instagram: @drmikehart Twitter: @drmikehart Facebook: @drmikehart  

Think about how well you're doing financially these days compared to in 2015, when the current federal government first took power. Are you doing better? Worse? Did COVID have a longstanding impact on your circumstances. Pollster Greg Lyle has been looking into these and other questions. He's the founder and president of the Innovative Research Group.See omnystudio.com/listener for privacy information.