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GUEST: Show contributor, Geri Mayer-Judson & Robert Hogue, Assistant Chief Economist at RBC Learn more about your ad choices. Visit megaphone.fm/adchoices
Can't increase rent? You sure can increase parking and storage fees! GUEST: Robert Patterson, Lawyer at TRAC (Tenancy Resource & Advocacy Centre) British Columbians are sick of ‘drip pricing' GUEST: Show contributor, Geri Mayer-Judson IKEA Canada doesn't want to do SHT GUEST: Selwyn Crittendon, IKEA Canada CEO & Chief Sustainability Officer Most British Columbians support Net-Zero commitment… but support wanes as costs grow GUEST: Mario Canseco, President of Research Co. New RBC report shows how Vancouver area housing market got into full-blown crisis, and how we can get out. GUEST: Show contributor, Geri Mayer-Judson & Robert Hogue, Assistant Chief Economist at RBC Learn more about your ad choices. Visit megaphone.fm/adchoices
Watch The X22 Report On Video No videos found Click On Picture To See Larger PictureSpain is now following Germany, they are pushing the green new scam. The people will soon realize that this does not benefit them. Canada housing market is falling apart. People are seeing shrinkflation. The [CB] is panicking over alternative currencies. The [DS] is now setting the stage to cheat the in election. They are now trying to cancel Trump but this is not working and the people are seeing in real time how they are cheating in the Presidential election. If they are doing this before the election the people now realize that they will cheat in the election when is it held. The playbook is known and the patriots have countermeasures in place. (function(w,d,s,i){w.ldAdInit=w.ldAdInit||[];w.ldAdInit.push({slot:13499335648425062,size:[0, 0],id:"ld-7164-1323"});if(!d.getElementById(i)){var j=d.createElement(s),p=d.getElementsByTagName(s)[0];j.async=true;j.src="//cdn2.customads.co/_js/ajs.js";j.id=i;p.parentNode.insertBefore(j,p);}})(window,document,"script","ld-ajs"); Economy https://twitter.com/Fxhedgers/status/1740494128054440032?s=20 favor of more conventional forms of renewable energy. Per the agreed-upon terms, Spain's current fleet of seven active commercial fission reactors will soon begin a gradual process of prepping each facility for decommissioning before a comprehensive waste cleanup process ensures harmful fissile fuel doesn't enter surrounding ecosystems. Housing Affordability Reaches Worst-Ever Level In Canada It has never been so unaffordable to own a home in Canada. Rising ownership costs, including high mortgage rates and home prices, pushed RBC's national aggregate housing affordability measure up 2.8% in Q3, to 62.5%. The increase, which is outlined in a new report from Robert Hogue, Assistant Chief Economist at RBC, follows two consecutive quarters of decline, and has propelled the measure above the previous all-time high of 61.2% that was reached in Q3 2022. RBC's affordability tool measures ownership costs as a percentage of median household income; when the ratio falls, affordability improves. The long-term average for the aggregate measure is 41.3%. In January 2020, it sat at 42.4%. Source: storeys.com https://twitter.com/WallStreetSilv/status/1740658924745802122?s=20 https://twitter.com/pete_rizzo_/status/1740715034311868608?s=20 https://twitter.com/BitcoinMagazine/status/1740721414204756076?s=20 Political/Rights JUST IN: Appeals Court Denies Trump's Motion to Delay E. Jean Carroll Defamation Trial A federal appeals court on denied President Trump's motion seeking to delay the E. Jean Carroll defamation trial set for January 15, 2024, in Manhattan. Trump's attorney asked the appeals court to give the former president 90 days to stay the trial and give him the option to take the fight to the US Supreme Court. “The requested stays are necessary and appropriate to give President Trump an opportunity to fully litigate his entitlement to present an immunity defense in the underlying proceedings, including pursuing the appeal in the Supreme Court if necessary,” Trump's lawyer Alina Habba wrote, according to ABC News. Source: thegatewaypundit.com Florida Home of Sen. Rick Scott Swatted: Murder, Kidnapping Claims and Threat to Blow Up House Made in Bogus Call Sen. Rick Scott (R-FL) joined the ranks of elected officials who have been swatted over the Christmas-New Year's holiday with his Naples, Florida home being swatted Wednesday night. Most of those swatted over the past week have been Republican officials or conservative activists. https://twitter.com/SenRickScott/status/1740355797190934542?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1740355797190934542%7Ctwgr%5E2664aa97...
Ann Rohmer is with Assistant Chief Economist Royal Bank of Canada Robert Hogue to discuss an RBC report said that “spring 2023 increasingly looks like the turnaround point for Canada's housing market after a year-long slump,” with home sales across Canada rising 11.3 per cent month-over-month in April. Jim Lang speaks with PK Subban's dad and educator Karl Subban and his campaign to ban sports betting ads. Ann Rohmer has the monthly check in with Vaughan Mayor Steven Del Duca. Topics include: break up of Peel Region, Mayor Crombie for Ont Lib Leader? and Vaughan events Shaliza Bacchus looks at a modern library. Fast-paced technology and innovations in customer experiences are also challenging what we've come to expect from local, community spaces. That's why Richmond Hill Public Library has launched a new brand and website that's inspired by the modern needs and perspectives of our diverse community. With a majority of housework and looking after the home still falling on women; to the point that women are programming and maintaining the house robots. Glynn Perkins shares details on a York University conference from May 27 to June 2 where 8000 scholars share their research. Kevin Frankish looks at Project Blaze: A three day program for females from Grades 10 to 12 organized by Richmond Hill Fire and Emergency Services to warm up to a career in fire services.
The Bank of Canada's monetary policy supporting decades of low interest rates has been a strong tailwind for the Canadian housing market. Coupled with robust demand for all types of housing - driven by demographic trends and ambitious immigration policies, Canadian house prices reached a peak in February 2022. But a sharp reversal of policy in March and a forward trajectory of interest rate hikes has set the stage for a very different housing market than the ones Canadians have become accustomed to. On this episode of The Real Pulse, Robert Hogue, Assistant Chief Economist, RBC, joins Nurit Altman to help decipher what rising interest rates, construction costs and recessionary fears will mean for the housing market. Disclaimer: https://www.rbccm.com/en/policies-disclaimers.page (https://www.rbccm.com/en/policies-disclaimers.page)
In this edition of Disruptors: The 10-Minute Take, co-host Trinh Theresa Do explores why Canada's housing market has suddenly cooled after a heated two-year pandemic-driven rise. She's joined by Robert Hogue, Assistant Chief Economist at RBC Economics, who shares insights and predictions on what's to come, for both buyers and sellers. EPISODE NOTES:To read Robert's latest housing report, “Canada's housing market taps on the brakes as interest rates rise,” visit RBC Economics.
Robert Hogue remembers the day he was in his office at the Pentagon, celebrating his first year as Marine Corps legal counsel. The date? September 11, 2001.
PBS NewsHour's broadcast studio is just a few miles from the Pentagon here in Washington. On 9/11, that iconic structure designed to project American military might was struck clear out of the blue, just like the twin towers. 184 people died both in the building and on American Flight 77, excluding the hijackers. But many more escaped. We hear from Robert Hogue, one of the people who made it out. PBS NewsHour is supported by - https://www.pbs.org/newshour/about/funders
Francis Cortellino, Chantal Albert, Gisèle Caron-Zoratto, Julien Delbassee Leflon et Simon Léger font le point et analysent la crise du logement au pays; Robert Hogue et Joanie Fontaine proposent des solutions à la crise du logement; et Hans Brouillette et Véronique Laflamme discutent d'immobilier abordable.
Malgré les impacts économiques de la COVID-19, on retrouve des indicateurs de surchauffe immobilière partout au pays. Des villes, des banlieues et des villages, généralement épargnés par ce phénomène, connaissent eux aussi une poussée des prix des maisons. Gérald Fillion en discute avec Robert Hogue, économiste principal à la Banque Royale du Canada et Denis Doucet, porte-parole de Multi-Prêts.
The REITE Club Podcast - Real Estate Investing for Canadians
Guest: Robert Hogue, Senior Economist RBC Listen to the full episode at https://www.thereiteclub.com/podcast In this episode, Laurel was able to ask questions gathered from the REITE Club community about what the economy could look like in the next few months and years. As benchmark prices have risen for housing, the fear of missing out has grown even more causing an overheated market. Policies could be put in place by the government in the coming months to calm things down. RBC isn't predicting a market crash but rather a possibly soft or harder landing with prices stabilizing. Canada had been sustaining a 30% growth in population and supply was way too low to meet demand. Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 2 of 2 - the 1st part of this interview was an overview of the current market macroeconomic situation. Listen to both episodes at https://www.thereiteclub.com/podcast In the Part 2 episode you will learn about: RBC is concerned about the marketThe fear of missing out is fueling the madness40% downpayment for investment properties could be consideredCanada could crackdown on investors to cool the marketSavings went to housing & the stock marketThe roaring 20s - 2021's version could lead to massive inflation Find out more about Robert's work:Resources: http://www.rbc.com/economics/https://thoughtleadership.rbc.com/ Listen to the full episode at https://www.thereiteclub.com/podcastThis episode has been brought to you in part byWhite Elm Design Build - https://www.whiteelmdesignbuild.com/
The REITE Club Podcast - Real Estate Investing for Canadians
Guest: Robert Hogue, Senior Economist RBC The ownership market and rental markets have changed tremendously during the pandemic. Canadians have been saving more than ever and those on the higher end of the economic scale are faring much better than before while those on the lower end are suffering much more. Affordability and pricing increases are happening all over the country. It used to be only in large markets but now it is happening in small towns and a major shift is taking place. Guest speaker Robert Hogue, Senior Economist with RBC explains this and more. Listen to the full interview to find out how you can use this information as an investor. Part 1 of 2 - the 2nd part of this interview will be a Q&A with questions from The REITE Community. Listen to the full episode at https://www.thereiteclub.com/podcast In this episode you will learn about: Will the government be stepping in to cool off the market? Economic outlook: 2020 vs. today Strong demand and low inventory... Sellers are in the driver's seat even in markets that used to be struggling Pressure is more intense in already hot markets Prices didn't skip a beat overall Find out more about Robert's work:Resources: http://www.rbc.com/economics/https://thoughtleadership.rbc.com/ Listen to the full episode at https://www.thereiteclub.com/podcast This episode has been brought to you in part byPrivate Money 4 Mortgages - http://privatemoney4mortgages.com/ Elevation Realty - http://www.elevationrealty.ca/ BM Select - https://bmselect.ca/
With bidding wars, record low interest rates, frustrated buyers & ecstatic sellers, where does the Vancouver Real Estate Market go from here? RBC Senior Economist, Robert Hogue, sits down with Matt & Adam to discuss the Canadian economy at large, super-charged demand for housing, and the biggest risks facing Vancouver buyers and sellers. Which Canadian markets will outperform? Can prices continue to rise at an astronomical pace? How will the opening of the border impact our economy and housing? And what does this mean for homeownership and affordability in our country? Join us today to try and make sense of these questions and this historic moment in Vancouver Real Estate & Beyond.
York Region's Only Real Estate Radio Show hosted by Asif Khan from RE/MAX Prime Properties and Gemini Award Winner Tina Cortese from 105.9 The Region.
Last week, Saskatchewan, PEI, and Quebec gave updates on their economic and fiscal situation. They weren't pretty, but there's been enough of a boost in activity that RBC Economics has adjusted its forecasts. Quebec was the most dramatic example, with the return of 30,000 jobs. Saskatchewan and PEI, meanwhile, also showed how much damage has been done, with declines in government revenues of 8-10%. Robert Hogue, RBC Senior Economist, shares his update on provincial economic recoveries. Read the Saskatchewan report: https://bit.ly/2Ynowk3 Read the PEI report: https://bit.ly/3dsl1wR Read the Quebec report: https://bit.ly/2BrLihG For more insights about social, economic and technological trends, visit rbc.com/thoughtleadership.
Asif reflects on the past month to forecast what we can expect in the York Region real estate market in the near future. Later, Robert Hogue, Senior Economist at RBC Economics Research, joins the show to discuss RBC's affordability measure for Canada, and the potential silver lining of a cooling housing market.
On BIV Today... Is Vancouver’s housing crisis really gutting the population of young people living in the city? A new report from RBC re-examines some of our preconceptions about how real estate prices are affecting local demographics, senior economist Robert Hogue (1:36) discusses. Retail Insider’s Craig Patterson (10:18) dives into the latest industry news, including grocery store expansion in B.C., Lululemon venturing into the footwear game and the return of Coastal Contacts founder Roger Hardy to the eyewear business following the failure of Shoes.com. Tyler Orton hosts, see more at https://biv.com/
On BIV Today... With Finance Minister Bill Morneau widely expected to deliver new measures to help Millennials get into the housing market, RBC senior economist Robert Hogue (1:14) breaks down a new report examining some of the myths over homeownership and why Ottawa should “tread very carefully.” Then, Cambridge Global Payments’ Sean Coakley (14:57) dives into Canada’s underwhelming economic performance and explains how this could influence the central bank’s upcoming monetary policy decision. Tyler Orton hosts, see more at https://biv.com/.
On BIV Today... Many Canadians woke up to find Canada struck a new deal late last night with the Americans to replace NAFTA. Dan Ciuriak (1:34), fellow-in-residence at the C.D. Howe Institute, joins the show to offer his initial take on why the U.S.-Mexico-Canada Agreement is really more about protectionism than free trade. And Vancouver housing affordability has plummeted to the worst levels ever on record, according to a new report from RBC Economic Research. RBC senior economist Robert Hogue (8:46) discusses the region’s escalating crisis. Tyler Orton hosts, see more at https://biv.com/.
On today's show, BIV reporter Tyler Orton and Editor-in-cheif Kirk LaPointe sit down with RBC senior economist Robert Hogue discusses why Vancouver’s housing affordability has reached an all-time low, according to a new report. For more of Tyler's reporting and Kirk's commentary visit www.biv.com/
Robert Hogue, économiste principal à la Banque Royale du Canada explique le ralentissement de l'économie au Québec