The Loonie Hour

Bank of Canada Warns of Structural Decline

24 snips
Oct 31, 2025
The Bank of Canada and the Fed cut interest rates, raising concerns over the living standards in Canada. A land dispute involving the Richmond First Nations creates financing challenges for affected properties. Bill Gates shifts his climate change narrative towards pragmatic investments. The discussion tackles the implications of AI as either a technology breakthrough or a market bubble. Lastly, insights are shared on the upcoming federal budget and the impact of climate policies on food security and energy.
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ANECDOTE

Twix Theft Sparks Halloween Drama

  • Keith tells a Halloween story about finding his wife's Twix stash and the household drama that followed.
  • The tale lightens the episode and humanizes the hosts amid heavier policy topics.
ANECDOTE

Richmond Town Hall Was A 'Gong Show'

  • Steve recounts a sold-out Richmond town hall where residents loudly protested the land title issue.
  • He describes the meeting as a 'gong show' with 500 people and intense media attention.
INSIGHT

Title Uncertainty Makes Land Illiquid

  • The Richmond / Cowichan First Nations ruling creates title uncertainty that makes affected properties effectively unfinanceable today.
  • Steve Saretsky warns this will make those properties illiquid and stuck until legal or governmental resolution arrives.
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