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Challenges and Risks in Canadian Real Estate Market
The chapter explores the complexities of Canadian real estate, raising concerns about offshore buyers, mortgage document fraud, and issues with bank regulations. Speakers discuss potential future scenarios, including credit tightening due to mortgage fraud, impact of government actions on home sales, and the influence of currency fluctuations on resource companies like oil sands. The conversation touches upon inflation, globalization, onshoring supply chains, and the discontinuation of real return bonds in Canada as potential strategies to address economic challenges.