The Loonie Hour Bank of Canada Will Have to Choose Between Inflation or Housing
15 snips
Feb 21, 2025 Inflation is on the rise in Canada, driven by increasing energy and housing costs. The Bank of Canada faces tough choices between managing inflation and navigating a volatile housing market. Meanwhile, heated debates surround the potential development of high-speed rail, as entrepreneurs are reportedly fleeing the country. International relations take center stage, with discussions about military spending and the implications of a shifting global order. The plight of electric vehicles and skiing costs adds to the complex economic landscape.
AI Snips
Chapters
Transcript
Episode notes
Investment Opportunity
- Consider Neighborhood Holdings for a regular income solution with compelling returns.
- Consult a professional advisor before investing.
Car Market Woes
- Steve's car lease is up, and he is shocked by current car prices.
- He notes that EV subsidies are gone, and some car manufacturers are switching back to gas.
High-Speed Rail Benefits
- High-speed rail can lower housing costs, increase productivity, and offer cheaper transportation.
- Rich argues that high-speed rail is a worthwhile investment, despite potential cost overruns and delays.