His pronunciation of the word is just fine and no, it means "according to or by means of personal accounts rather than facts or research" which is how he has used it. He's talking about his personal observations or cases within his network/clients. They are insufficient to be considered as anything more than anecdotes.
He doesn't know much else. Just one example this week was essentially saying that people are brainwashed by CBC to think that rates are falling so they are frontrunning when the MARKET is saying that. Would think that those talking about the market, especially a real estate "expert", would know that
Love the guest and the bit of time taken to deal with the emergencies act ruling. Very important due to many Canadian’s losing trust in the Canadian financial system when the accounts were frozen. I don’t care what the governments reasons were or if people were for or against the protest, government should never be aloud to abuse power in such a manner and get away with it, because maybe one day a government will get in and use that power in ways that negatively affect those who were happy with its original abuse.
Thank you for bringing in all these knowledgeable, very informative guests! Much appreciate the large economic scope! Kudos for another intelligent conversation!
The FED knows. They aren't committed to attacking inflation. They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.
It's a fact that recessions are a natural occurrence in the economic cycle, and the best approach is to ensure you're ready for them and have a proper plan in place. As someone who entered the workforce during a recession (2009), I experienced the direct effects of inflation and discovered the importance of generating increased passive income to counter it.
Experienced long-term investors are aware that the market and economy have a tendency to bounce back over time, and it's wise for investors to be prepared for such a recovery. Speaking from my own experience, I continue to invest heavily in this volatile market and have achieved significant gains - my portfolio is presently up by 60%. For now, I'll keep a watchful eye on the situation and gradually invest in more stocks as opportunities arise.
Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Margaret.
The immigration reductions are not nearly enough. Canada's services are already overburdened with the current population. We need a moratorium period on immigration and temporary migration until the infrastructure and services can catch up. Then we can talk about taking more people.
We were going to have problems with our services regardless due to Baby Boomers increasing need for them. Our Politicians have failed to plan for them when they were born with lack of schools, when they entered the workforce with lack of housing, and now when they retire with lack of healthcare services. If only we knew that they were such a large segment of the population when they were born we could have planed better anytime in the last 70 years rather than Politicians spending all that extra tax revenue they paid over their lifetime and also Bankrupting future Canadian's with historic debts. Good thing we hire for looks, popularity, and corruptibility rather than intelligence in Western Countries.
Everyone says there is no inventory yet my watchlist of Van RE for a year has had 100s of properties that have dropped 200-400K and are still listed. Someone is bullshitting. That list has dropped maybe 20% and 40% more have been added.
Yeah homes would sell regardless if there was a real lack of them and prices wouldn't matter reflecting close to zero inventory. If investment returns weren't higher elsewhere with less risk Investors would still be gobbling up Real Estate.
I’m positioned for whatever happens next. My portfolio is 100% globally diversified low-cost ETFs. My MER is $0.12. I’m early retired and I’ve chosen a 70% Equity and 30% Bond/GIC allocation. Set it and forget it. No stock picking! I rebalance the bond/equity allocation twice each year. This ensures I’m buying stocks if they fall significantly in value, or selling stocks if they have gained significantly in value. I don’t worry at all about what happens next in the markets, or with interest rates, or oil prices - or anything else. I’m well diversified and invested for the long term. And I don’t do anything with my portfolio based on what I hear on this show. I watch for entertainment only!
Crazy risk how old are you? 70% equities retirement age seems risky should be more into bonds but depends on age . You can retire at 18 so lol also edit - if you’re buying and selling twice a year to try time markets, what’s your tax implications on doing so? Are you trading in registered or non registered accounts? What are the fees associated with the trades? Timing the market isn’t possible . You’re better off staying long term mindset and you can buy individual stocks and de risk yourself by buying blue chip . Look at your ETFs and the top holdings in those companies you can just copy and buy the same businesses. Someone of them can bring you wayyyy more percent renters then the average 8-12%. Just a thought .
If the federal court specifies that freezing people's bank accounts is unconstitutional and breeches charter rights on privacy, that is precedent setting. It will make it impossible for them to freeze people's money using CBDCs. It's good that this played out now on a small scale before the large scale rollout of CBDCs. This could very well be the biggest reason they're appealing. We might be the luckiest country in the world because of this.
Is that not tangential to the invocation of the EA? Like, say that it's legal to take people's beer away if they are breaching curfew. If you invoke an 'emergency curfew' that allows you to take beer away at 9:00 instead of 10:00, and later the curfew time change itself was found unconstitutional, wouldn't the beer taking still be legal?
@@Picklemedia it was not legal prior to the emergency curfew. Here it was simply done, and then found later to be illegal. Now, if they take your beer away, you would be able to get your beer back at the preliminary trial, by referencing this ruling. Instead of going through a whole trial to figure out if it's illegal. Like that $700 dollar fine for not going to a quarantine hotel. Everybody who took that to court didn't have to pay it, because it wasn't a real law. It has never been legal to freeze people's bank accounts, under any circumstance. Now it was found not to be legal in court, even under an emergencies act.
@@datruth4766definitely not agreeing with the use of the EA but I don't agree with the premise of your argument. If we made pot illegal again, I don't think you could charge people for consuming it while it was legal. The freezing of bank accounts was legal under the use of the EA. I really hope I'm wrong, but I believe they will weasel their way out of this legally. Not morally.
@@Picklemedia the EA does not make everything legal. It allows the government to create laws while bypassing legislative procedure. Freezing bank accounts without a warrant was never legal, this is a judgement that even under the auspices of an EA, it is still not legal. This is the mechanism by which we determine what is legal and what isn't after the fact. The "sober second thought". I think the mistake you're making is believing it's legal because they were able to do it. The government is able to do anything, but the courts decide after the fact whether it violates the charter of rights and freedoms. The court has ruled! ruclips.net/video/gP3MuUTmXNk/видео.htmlsi=9KESsiWdz0c3be0Z
I totally disagreed with the "War Measures Act" being invoked! and They certainly should not have seized Cash out of supporter's bank accounts. Can you discuss this?
Maybe no one is positioned for another wave of inflation because the currency supply is shrinking. Seriously, who told real estate agents that they could be infotainment macroeconomic analysts?
Spend an hour talking about the Convoy because it is important that people know. MSM is barely covering it and I believe there should be national outrage.
Just charge an international student fee like 20k-30k in for tax revenue. Canadians are taxed to death and we shouldn’t be subsidizing international students using out services. They should be subsidizing the tax payers!
you need to factor in debt ratios though. Servicing these levels of debt would be unsustainable at 7.6%. Not just for people, but also for all levels of government.
The righting is becoming clear on the wall. Elevated interest rates. Airbnb taxes, restrictions and all out bans. Now student visas, and also going unnoticed is post graduate work permits, spouses work permits that doubles the number. Recession looming(no such thing as a soft landing), not in my 60 years. This all adds up to less demand on future rentals, which switches investors into the sellers camp this spring. People historically don't make big purchases during unstable times. US cpi up, will be no rate cuts down south anytime soon. People will still buy in the spring, they always do, and prices will slightly elevate as more prime inventory becomes available. But as all the factors I mentioned above start to take root, inventory will outpace sales and prices will continue their slow decline back to normal At least as far as the country as a whole goes. Certain part of the GVA and GTA are too influenced by foreign cash to predict.
Canada’s GDP is 2 Trillion. We had 1 mn students added in 2023. Assuming each student brings $20k (10k fees +10k GIC), you have 1% of GDP injected to economy (20bn) without any output or addl trickle down impact.
The issue with the demographic theory is that it doesn't take account of the delta between the gap of saving and consumption for each demographic. Say if I have something whereby there is a lot of old folks, some middle aged folks and few young folks, this technically means bond yields should go higher. But the issue is that the delta of consumption and production is massive for young and potentially small for old. So say if each young person consumes 100K but makes zero and each old person consumes 40K but makes 20K, that means the dearth of youth will overide this demographic decline of the old in producing the gap between consumption and production. I love that Tian went to first principles on this rather than use the trite economic orthodoxy of when a nation ages typically the yields go down. However, the reason why that orthodoxy might actually be true is that the dearth of youth might be massively deflationary because youth likely creates the biggest deficit between production and consumption.
Rate will be cut . No matter how we guess , just wait and see . I only know fixed rate mortgage has dropped 4 times. The mortgage rate can get around 5% in 3 years now.
You should do a deeper look at the international student numbers- I think it’s just an attempt to freeze current levels by going back to 2019 levels, and then increasing it in 2 years time back up since Universities are on 4 year cycles.
Just charge an international student fee like 20k-30k in for tax revenue. Canadians are taxed to death and we shouldn’t be subsidizing international students using out services. They should be subsidizing the tax payers!
The elephant in the room is: Even if the BofC holds the interest rate, the banks are lowering mortgage rates! It was over 7% now it is 5% for mortgages... The banks know people are renewing, and lowering the rate, so home prices don't go down. Do you think house prices will go down? Or is this the lowest they will go? If this is the lowest point, then buy!?
Tian Yang - wow outstanding guest. I really don't like the political discussions however. I understand how the immigration policies affect the economy but not the Emergencies Act. And BTW Keith I get that you think it is linked to CBDC's. They will happen in Canada however if it happens in the States - regardless of how much it is discussed. No question.....
The emergencies act ruling absolutely affects the trust in the Canadian financial system moving forward. Very fitting and I’m ecstatic to see it happen👍
Aren’t the majority of the highest net worth investors with the highest long term returns value investors who do their own valuations of businesses and not care about cap m and “efficient markets”? I suppose if you invest based on the idea that every piece of information is already priced into the market, you’d think that valuations are garbage because those valuations are already priced into the stock. To each their own I suppose. 🤷♂️
Haven’t watched yet but inflation will return if those morons drop rates. HOLD THE LINE AT 5% for 5 years that’s the golden ticket. Let’s get through a depression then we can come back to the lowering rates table. We need to suck out all that easy money during plandemic
Vancouver should be excluded from any discussions on sfd startup slowdowns. Of course it’s going to pause until the federal regulations come into effect later this year. Why would you pay now for approvals when those approvals will become automatic later on in 2024.
@1:03:00 when something violates the Charter of Rights and Freedoms it's called "unconstitutional" Steve. Have you read 1984? Your choice of adjectives is very telling imo. I think it's safe to assume what type of person you would be in that novel.
Rich i am sorry but you are wrong. You are smart but quoting and taking Tiff at what he says…come on. But what counts most is GDP if production is down and it is and will be. The housing market in Canada is very very important Just the way it is good luck
"Take your lump?" What Lump? There will be no penalty for those socialist tyrants violating the charter which is the most outrageous takeaway of all. Furthermore, he implemented the emergencies act before there was even a discussion and vote in parliament.
Current m2 money supply is back to record highs!!!! The federal government is unlocking another $20 billion in low-cost financing for the construction of rental housing across Canada, Finance Minister Chrystia Freeland announced Tuesday. The Canada Mortgage Bonds program, which raises funds for residential mortgage financing, had an annual limit of $40 billion. The limit is being increased to $60 billion, with the additional funds aimed at increasing rental construction specifically. This includes apartment buildings, student housing and senior residences. The city of Toronto has unveiled a $36-billion plan to build 65,000 rental homes in Toronto over the next seven years, a target that would require a massive unconfirmed investment from the federal and provincial governments.
No credit here to give, taking action this slow should be punished in fact for how many people are now homeless due to this craziness in influx of humans
I just got to the end of you video re: convoy: Respectfully I live in OTTAWA, and the convey was terrifying, citizen's lives were actually put at risk, ambulances could not get to people that needed them, people could not leave their homes for groceries, doctor's appt,,work, school, nurses, care workers, etc that do home visits for disabled, elderly, etc couldn't see their patients, all small bussinesses downtown were closed. FIRES were started in apartment buildings by the convoy, the doors chained up so people could not escape. We lived in fear, our city was taken over, there was violence, AND there were NAZI FLAGS and other racist tropes, (photos exist). Ottawa was held hostage. I also happened to live in Outermont during the FLQ, same fear permeated Montréal. Disappointed, you guys are usually objective. Yes, the government needs to appeal as this sets a very dangerous precedent. I believe in peaceful protest. The convoy was terrorism.
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Great guest ! Thanks for inviting that brilliant young man !
The guest speaker is amazing , very knowledgeable and professional advice , no bias .
I always make a wager on how many times Steve says “anecdotally” in an episode. It’s always a minimum of 3 times. He loves that word. 😂
The word is "anecdotally", and it essentially implies what he is saying is baseless.
@@RelaxedPoo No, it means summary of a given history. Which is not typically accepted as scientific
His pronunciation of the word is just fine and no, it means "according to or by means of personal accounts rather than facts or research" which is how he has used it. He's talking about his personal observations or cases within his network/clients. They are insufficient to be considered as anything more than anecdotes.
It means “not necessarily true or reliable”.
He doesn't know much else. Just one example this week was essentially saying that people are brainwashed by CBC to think that rates are falling so they are frontrunning when the MARKET is saying that. Would think that those talking about the market, especially a real estate "expert", would know that
You guys are a "VERY BIG DEAL" in Canada! Celebrities. Stay humble guys! 🥰 🇨🇦
Love the guest and the bit of time taken to deal with the emergencies act ruling. Very important due to many Canadian’s losing trust in the Canadian financial system when the accounts were frozen. I don’t care what the governments reasons were or if people were for or against the protest, government should never be aloud to abuse power in such a manner and get away with it, because maybe one day a government will get in and use that power in ways that negatively affect those who were happy with its original abuse.
Asked Him About Canada He Starts laughing
Sums It Up perfectly !
Thank you for bringing in all these knowledgeable, very informative guests! Much appreciate the large economic scope! Kudos for another intelligent conversation!
The FED knows. They aren't committed to attacking inflation. They are going to continue to inflate, stocks and commodities will continue to go up with everything else. You can't just sit on cash waiting for a crash, get your money working for you, start buying in slowly and then gradually increase the pace of buying as the prices continue to drop.
It's a fact that recessions are a natural occurrence in the economic cycle, and the best approach is to ensure you're ready for them and have a proper plan in place. As someone who entered the workforce during a recession (2009), I experienced the direct effects of inflation and discovered the importance of generating increased passive income to counter it.
Experienced long-term investors are aware that the market and economy have a tendency to bounce back over time, and it's wise for investors to be prepared for such a recovery. Speaking from my own experience, I continue to invest heavily in this volatile market and have achieved significant gains - my portfolio is presently up by 60%. For now, I'll keep a watchful eye on the situation and gradually invest in more stocks as opportunities arise.
Is there any chance you could recommend who you work with? I've wanted to make this switch for a very long time now
Finding financial advisors like Margaret Johnson Arndt who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.
Appreciate this recommendation, hopefully I can get some insight to where the market is headed and strategies to beat the downtrend with when I hear back from Margaret.
Well positioned here in the States - I fear that this might be Canada's 2008.
The immigration reductions are not nearly enough. Canada's services are already overburdened with the current population. We need a moratorium period on immigration and temporary migration until the infrastructure and services can catch up. Then we can talk about taking more people.
We were going to have problems with our services regardless due to Baby Boomers increasing need for them. Our Politicians have failed to plan for them when they were born with lack of schools, when they entered the workforce with lack of housing, and now when they retire with lack of healthcare services.
If only we knew that they were such a large segment of the population when they were born we could have planed better anytime in the last 70 years rather than Politicians spending all that extra tax revenue they paid over their lifetime and also Bankrupting future Canadian's with historic debts.
Good thing we hire for looks, popularity, and corruptibility rather than intelligence in Western Countries.
100%
They failed to plan on purpose, welcome to the great culling@@mt8474
Tax the foreign students a Canada services fee.
@@Observer168 I can't tell if your trolling the government or trying to help... That's top notch sarcasm if that's a joke.
Excellent guest
Everyone says there is no inventory yet my watchlist of Van RE for a year has had 100s of properties that have dropped 200-400K and are still listed. Someone is bullshitting.
That list has dropped maybe 20% and 40% more have been added.
Pain incoming! All the realtors are hoping to sell something but nope!
At the end of the day, u can only trust what u c with your own eyes
Yeah homes would sell regardless if there was a real lack of them and prices wouldn't matter reflecting close to zero inventory.
If investment returns weren't higher elsewhere with less risk Investors would still be gobbling up Real Estate.
List some detached homes under $2 million for over a year.
Why aren’t detached homes in Vancouver dropping below a million if they aren’t selling?
It’s time to Register the Loonie Political Party with Elections Canada
Loonership to pick a Leader fall 2024.
You guys are great. I tune in every week, I don’t know why and I do know why, I love babblers!
Thank you!
Great podcast as always!
I’m positioned for whatever happens next. My portfolio is 100% globally diversified low-cost ETFs. My MER is $0.12. I’m early retired and I’ve chosen a 70% Equity and 30% Bond/GIC allocation. Set it and forget it. No stock picking! I rebalance the bond/equity allocation twice each year. This ensures I’m buying stocks if they fall significantly in value, or selling stocks if they have gained significantly in value. I don’t worry at all about what happens next in the markets, or with interest rates, or oil prices - or anything else. I’m well diversified and invested for the long term. And I don’t do anything with my portfolio based on what I hear on this show. I watch for entertainment only!
Crazy risk how old are you? 70% equities retirement age seems risky should be more into bonds but depends on age . You can retire at 18 so lol also edit - if you’re buying and selling twice a year to try time markets, what’s your tax implications on doing so? Are you trading in registered or non registered accounts? What are the fees associated with the trades? Timing the market isn’t possible . You’re better off staying long term mindset and you can buy individual stocks and de risk yourself by buying blue chip . Look at your ETFs and the top holdings in those companies you can just copy and buy the same businesses. Someone of them can bring you wayyyy more percent renters then the average 8-12%. Just a thought .
Lol. Definately don't listen to this show.
I didn't get the fish joke even when Keith explained it? I woke up in the middle of the night and realized what it was.
That was a great guest!
I'm placing a bet on Detroit!
@icecapassetmanagementlimit849 I still believe 49ers will win that game And likely the next game too.
UK and Canada in the news today
One day late
Great show guys
Thank you
If the federal court specifies that freezing people's bank accounts is unconstitutional and breeches charter rights on privacy, that is precedent setting.
It will make it impossible for them to freeze people's money using CBDCs. It's good that this played out now on a small scale before the large scale rollout of CBDCs. This could very well be the biggest reason they're appealing.
We might be the luckiest country in the world because of this.
Is that not tangential to the invocation of the EA?
Like, say that it's legal to take people's beer away if they are breaching curfew.
If you invoke an 'emergency curfew' that allows you to take beer away at 9:00 instead of 10:00, and later the curfew time change itself was found unconstitutional, wouldn't the beer taking still be legal?
@@Picklemedia it was not legal prior to the emergency curfew. Here it was simply done, and then found later to be illegal.
Now, if they take your beer away, you would be able to get your beer back at the preliminary trial, by referencing this ruling. Instead of going through a whole trial to figure out if it's illegal.
Like that $700 dollar fine for not going to a quarantine hotel. Everybody who took that to court didn't have to pay it, because it wasn't a real law. It has never been legal to freeze people's bank accounts, under any circumstance. Now it was found not to be legal in court, even under an emergencies act.
@@datruth4766definitely not agreeing with the use of the EA but I don't agree with the premise of your argument.
If we made pot illegal again, I don't think you could charge people for consuming it while it was legal.
The freezing of bank accounts was legal under the use of the EA.
I really hope I'm wrong, but I believe they will weasel their way out of this legally. Not morally.
@@Picklemedia the EA does not make everything legal. It allows the government to create laws while bypassing legislative procedure. Freezing bank accounts without a warrant was never legal, this is a judgement that even under the auspices of an EA, it is still not legal.
This is the mechanism by which we determine what is legal and what isn't after the fact. The "sober second thought".
I think the mistake you're making is believing it's legal because they were able to do it. The government is able to do anything, but the courts decide after the fact whether it violates the charter of rights and freedoms.
The court has ruled!
ruclips.net/video/gP3MuUTmXNk/видео.htmlsi=9KESsiWdz0c3be0Z
Nerd fight!
They probably appealed the decision because there are still people in jail and ongoing cases
I totally disagreed with the "War Measures Act" being invoked! and They certainly should not have seized Cash out of supporter's bank accounts. Can you discuss this?
Maybe no one is positioned for another wave of inflation because the currency supply is shrinking. Seriously, who told real estate agents that they could be infotainment macroeconomic analysts?
They feel they are important
Guys got any opinions on transmountain pipeline
Gap between WCS and WTI will narrow which is positive for CDN producers
Spend an hour talking about the Convoy because it is important that people know. MSM is barely covering it and I believe there should be national outrage.
No, they should stick with finance and cut out politics and the terrorist convoy
> how often do ppl mention Canada
*never*
when I told people I was moving to Montreal many thought it was in France
Saskatchewan gets a disproportionate amount of time on this channel relative to the population. Love the sask peeps.
Vanguards VUN is better then BMOs ZSP
Capping students? Immediately the whining begins about loss of income for the educational institutions. 😂😂😂😂
Just charge an international student fee like 20k-30k in for tax revenue. Canadians are taxed to death and we shouldn’t be subsidizing international students using out services. They should be subsidizing the tax payers!
@59:05 historical average 7.2%. But let's not talk about that.
you need to factor in debt ratios though.
Servicing these levels of debt would be unsustainable at 7.6%.
Not just for people, but also for all levels of government.
Rich: The bond market needs to realize there aren't enough savers out there
Also Rich: I don't know about companies labour hoarding
The righting is becoming clear on the wall.
Elevated interest rates.
Airbnb taxes, restrictions and all out bans.
Now student visas, and also going unnoticed is post graduate work permits, spouses work permits that doubles the number.
Recession looming(no such thing as a soft landing), not in my 60 years.
This all adds up to less demand on future rentals, which switches investors into the sellers camp this spring.
People historically don't make big purchases during unstable times.
US cpi up, will be no rate cuts down south anytime soon.
People will still buy in the spring, they always do, and prices will slightly elevate as more prime inventory becomes available.
But as all the factors I mentioned above start to take root, inventory will outpace sales and prices will continue their slow decline back to normal
At least as far as the country as a whole goes.
Certain part of the GVA and GTA are too influenced by foreign cash to predict.
If Canada simply removed Carbon taxs, inflation would be easier. Immigration is already solving itself.
Canada’s GDP is 2 Trillion.
We had 1 mn students added in 2023. Assuming each student brings $20k (10k fees +10k GIC), you have 1% of GDP injected to economy (20bn) without any output or addl trickle down impact.
RIP curry houses and shawarma huts
PataGuchi vest.. lol
The 5 year is now up a solid 0.5% since the low. And is now 3.69%. So....expect to see the 5 year increase next week. Wiping out those "4s".
Yep
The issue with the demographic theory is that it doesn't take account of the delta between the gap of saving and consumption for each demographic. Say if I have something whereby there is a lot of old folks, some middle aged folks and few young folks, this technically means bond yields should go higher. But the issue is that the delta of consumption and production is massive for young and potentially small for old. So say if each young person consumes 100K but makes zero and each old person consumes 40K but makes 20K, that means the dearth of youth will overide this demographic decline of the old in producing the gap between consumption and production. I love that Tian went to first principles on this rather than use the trite economic orthodoxy of when a nation ages typically the yields go down. However, the reason why that orthodoxy might actually be true is that the dearth of youth might be massively deflationary because youth likely creates the biggest deficit between production and consumption.
Let's print more money trillions of dollars more. Happy days are here again. 😅
We can't stop growth. Please do it after I'm dead.
Yeah, inflation keeps Steve up at night we should print more money
Rate will be cut . No matter how we guess , just wait and see . I only know fixed rate mortgage has dropped 4 times. The mortgage rate can get around 5% in 3 years now.
You should do a deeper look at the international student numbers- I think it’s just an attempt to freeze current levels by going back to 2019 levels, and then increasing it in 2 years time back up since Universities are on 4 year cycles.
Just charge an international student fee like 20k-30k in for tax revenue. Canadians are taxed to death and we shouldn’t be subsidizing international students using out services. They should be subsidizing the tax payers!
@there's nothing supportive or stimulative by our system being swamped by new arrivals.
Bitcoiners are!
The elephant in the room is: Even if the BofC holds the interest rate, the banks are lowering mortgage rates!
It was over 7% now it is 5% for mortgages...
The banks know people are renewing, and lowering the rate, so home prices don't go down.
Do you think house prices will go down? Or is this the lowest they will go? If this is the lowest point, then buy!?
Of course! Bye today next year yourself would 100,000 more! Real estate only goes up!
Tian Yang - wow outstanding guest. I really don't like the political discussions however. I understand how the immigration policies affect the economy but not the Emergencies Act. And BTW Keith I get that you think it is linked to CBDC's. They will happen in Canada however if it happens in the States - regardless of how much it is discussed. No question.....
The emergencies act ruling absolutely affects the trust in the Canadian financial system moving forward. Very fitting and I’m ecstatic to see it happen👍
Geek fight 😂
@49:35 inflation is a direct result of the monetary policy you have been promoting, and profiting from. I don't know how you sleep at all.
Can Canada grow it's GDP to outpace inflation?
I just can't see that happening.
A soft landing seems very unlikely here.
We as Canadians should be able to freeze Trudeau and Freeland bank accounts everytime we disagree with their political policies.
Big difference - the convoy were essentially terrorists
Aren’t the majority of the highest net worth investors with the highest long term returns value investors who do their own valuations of businesses and not care about cap m and “efficient markets”? I suppose if you invest based on the idea that every piece of information is already priced into the market, you’d think that valuations are garbage because those valuations are already priced into the stock. To each their own I suppose. 🤷♂️
Yayaya
Timestamps!
Haven’t watched yet but inflation will return if those morons drop rates. HOLD THE LINE AT 5% for 5 years that’s the golden ticket. Let’s get through a depression then we can come back to the lowering rates table. We need to suck out all that easy money during plandemic
Interview was too long guys. We tune in to hear you boys! Didn’t get enough of that. Just some constructive feedback.
Fair enough
Vancouver should be excluded from any discussions on sfd startup slowdowns. Of course it’s going to pause until the federal regulations come into effect later this year. Why would you pay now for approvals when those approvals will become automatic later on in 2024.
@1:03:00 when something violates the Charter of Rights and Freedoms it's called "unconstitutional" Steve.
Have you read 1984?
Your choice of adjectives is very telling imo. I think it's safe to assume what type of person you would be in that novel.
Thanks for tuning in !
Guest was nice, but terrible green screen...hard to look at.
Rich i am sorry but you are wrong.
You are smart but quoting and taking Tiff at what he says…come on.
But what counts most is GDP if production is down and it is and will be.
The housing market in Canada is very very important
Just the way it is good luck
"Take your lump?" What Lump? There will be no penalty for those socialist tyrants violating the charter which is the most outrageous takeaway of all. Furthermore, he implemented the emergencies act before there was even a discussion and vote in parliament.
Current m2 money supply is back to record highs!!!!
The federal government is unlocking another $20 billion in low-cost financing for the construction of rental housing across Canada, Finance Minister Chrystia Freeland announced Tuesday.
The Canada Mortgage Bonds program, which raises funds for residential mortgage financing, had an annual limit of $40 billion.
The limit is being increased to $60 billion, with the additional funds aimed at increasing rental construction specifically. This includes apartment buildings, student housing and senior residences.
The city of Toronto has unveiled a $36-billion plan to build 65,000 rental homes in Toronto over the next seven years, a target that would require a massive unconfirmed investment from the federal and provincial governments.
No credit here to give, taking action this slow should be punished in fact for how many people are now homeless due to this craziness in influx of humans
Captions would be nice.
There's a button for that
His British accent is hard to understand.
North American do not understand English outside of their jargon
Justin trudeau and christa Freeland should go to jail
LOL
I just got to the end of you video re: convoy: Respectfully I live in OTTAWA, and the convey was terrifying, citizen's lives were actually put at risk, ambulances could not get to people that needed them, people could not leave their homes for groceries, doctor's appt,,work, school, nurses, care workers, etc that do home visits for disabled, elderly, etc couldn't see their patients, all small bussinesses downtown were closed. FIRES were started in apartment buildings by the convoy, the doors chained up so people could not escape. We lived in fear, our city was taken over, there was violence, AND there were NAZI FLAGS and other racist tropes, (photos exist). Ottawa was held hostage. I also happened to live in Outermont during the FLQ, same fear permeated Montréal. Disappointed, you guys are usually objective. Yes, the government needs to appeal as this sets a very dangerous precedent. I believe in peaceful protest. The convoy was terrorism.
@@Cutlerypotato😂🤣🤣!! He’s so busted!