The Canadian Investor

Gold ETF Inflows Increase and Canada Makes Major Mortgage Changes

Sep 19, 2024

Discover how Canadian inflation has finally hit the Bank of Canada’s 2% target and what this means for consumers. Explore recent changes in mortgage policies and their potential impact on affordability for homebuyers. Plus, hear about Dollarama's impressive earnings amid shifting consumer habits. Dive into the remarkable increase in gold ETF inflows as prices rise, along with insights into the dynamics driving these investments. Unpack the challenges in housing supply and the long-term debt implications facing younger generations.

52:52

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Quick takeaways

Canada's inflation rate has stabilized at 2%, reaching the Bank of Canada’s target, driven by lower costs in discretionary items.

Recent mortgage policy changes may improve accessibility for first-time buyers but could exacerbate housing affordability issues over time.

Deep dives

Canadian CPI Trends

Inflation in Canada has shown signs of stabilization, with August CPI recorded at 2%, marking the first time it has met the Bank of Canada’s target in some time. This drop from 2.5% in July indicates a broader trend, as most provinces are aligning with the target, aside from a slight overage in British Columbia and Ontario. The downward movement in inflation has been driven by decreases in discretionary items, particularly household furnishings and clothing, which saw year-over-year drops of 0.8% and 4.4% respectively. Despite these positive trends, shelter costs remain a concern, experiencing a year-over-year increase of 5.7%, indicating persistent pressure in that area.

Intro

3min

Inflation Trends in Canada

10min

Mortgage Changes and Debt Concerns

11min

Challenges of Housing Affordability

4min

Mortgage Policies and Retail Performance

10min

Trends in Canadian ETF Markets

16min

In this episode of The Canadian Investor Podcast, we dive into the latest Canadian CPI data as inflation finally hits the Bank of Canada’s 2% target for the first time in a while.

Plus, we discuss the federal government’s recent changes to mortgage policies, including raising the CMHC insured mortgage cap and extending amortization periods, and how these moves will likely negatively impact affordability for Canadian home buyers. We also take a closer look at Dollarama’s impressive Q2 2025 earnings, and finish off with a recap of August’s ETF fund flows, highlighting a record month for precious metal ETFs.

Tickers of Stocks & ETF discussed: DOL.TO, ZGLD.TO, XUS.TO, VFV.TO, ZSP.TO, XEQT.TO, ZEQT.TO, XIC.TO, ZCN.TO, HXT.TO, HSAV.TO, CSAV.TO

Canadian Real Estate Investor - How 30-Year Amortizations Will Impact Canadians (Apple Podcast)

Canadian Real Estate Investor - How 30-Year Amortizations Will Impact Canadians (Spotify)

Canadian Real Estate Investor - How 30-Year Amortizations Will Impact Canadians (Web player)

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