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Is a Rate Increase on the Horizon as Canadian Real Estate, Inflation, and Heat Resurface?

#canadarealestate #canadainflation #bankofcanada Canada’s real estate market, and its inflation rate, are heating back up – putting increased pressure on the Bank of Canada to raise interest rates at its policy announcement in June. Links: Home Prices Rebound in Canada as Spring Market Picks Up Speed: Canadian Real Estate Prices Rip Higher, Rates May Not Be High Enough: BMO: Inflation climbs to 4.4% in April, beating expectations: Housing upturn could delay a shift by Bank of Canada to cut rates. What to know: Bank of Canada holds key rate steady, first major central bank to pause hikes: National Statistics: Demand continues to outpace supply as Canadian home sales jump in April: Statistics Canada says the annual pace of inflation rose to 4.4 per cent in April: Cooling inflation ‘might have been a false dawn’: How economists and interest rate speculators are reacting to surprisingly hot CPI data: Canada: Annual CPI inflation unexpecte

Understanding the Implications of Increasing Interest Rates

Interest rates are on the rise in both Canada and the U.S., what does this mean for consumers and investors? Find out with today's episode! Intro/Outro Music: Episode Music: ... ( read more ) LEARN ABOUT: Investing During Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing What do Rising Interest Rates Mean? Interest rates play a significant role in the global economy, affecting everything from personal finances to the performance of businesses and stock markets. When interest rates rise, it can have various consequences for individuals, corporations, and even governments. Let's delve into understanding what rising interest rates actually mean and how they impact different aspects of the economy. To begin with, rising interest rates indicate that the cost of borrowing money is increasing. When central banks increase interest rates, commercial bank

Are Mortgages Rates in Canada Indicating the Onset of a Recession?

Hey there! In this YouTube video, you'll catch mortgage broker Dion Beg from Kanga Mortgage and me, Gary McGowan, a realtor with Keller Williams, diving into a chat about the rising unemployment rates in Canada, the current state of interest rates, and the shortage of new construction. We're breaking down how all of these factors could potentially impact the Canadian economy. Stay tuned for some insightful perspectives! 🏢📈🇨🇦 Download the Buyers, Sellers and Negotiation Guides here: Gary A. McGowan is a licensed REALTOR® on the Toronto Regional Real Estate Board. Agent Innovation, your ultimate Realtor Support Lead Gen partner! Weekly Real Estate Podcast about the strange, funny, insightful things that happen as a Realtor and Investor, Link to podcast: Cool T-Shirts Here: 10% Discount Code: CHATTER10 Download My Property Proforma Template Let’s have a ZOOM Coffee ☕️ to Grow your Business Follow Gary on Instagram 🤳 ------- Powered By: ✅ Eca

Economist Indicates that the Risks Lean Towards Another Hike in June

Derek Burleton, deputy chief economist at TD Bank, joins BNN Bloomberg to talk about the Canadian economy that grew in March. He says unless the jobs market starts cooling, the risk of the next rate hike remains high. Subscribe to BNN Bloomberg to watch more videos: Connect with BNN Bloomberg: For the latest news visit: For a full video offering visit BNN Bloomberg: BNN Bloomberg on Facebook: BNN Bloomberg on Twitter: BNN Bloomberg on Instagram: BNN Bloomberg on LinkedIn: -- BNN Bloomberg is Canada’s only TV service devoted exclusively to business, finance and the markets.... ( read more ) HOW TO: Hedge Against Inflation REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing HOW TO INVEST IN SILVER: Silver IRA Investing The balance of risks points to another hike in June: Economist As the global economy continues to recover from the effects of the COVID-19 pandemic, economists are closely monitoring the balanc

Yves Giroux, Parliamentary Budget Officer, asks if Canada will face a recession in 2023.

Parliamentary budget officer Yves Giroux, The Globe and Mail’s Robert Fife and The Star’s Stephanie Levitz discuss the economy. Subscribe to CTV News to watch more videos: Connect with CTV News: For the latest news visit: For a full video offering visit the CTV News Network: CTV News on Facebook: CTV News on TikTok: CTV News on Twitter: CTV News on Instagram: CTV News on Reddit: --- CTV News is Canada's most-watched news organization both locally and nationally, and has a network of national, international, and local news operations.... ( read more ) BREAKING: Recession News LEARN MORE ABOUT: Bank Failures REVEALED: Best Investment During Inflation HOW TO INVEST IN GOLD: Gold IRA Investing The COVID-19 pandemic has had a profound impact on economies worldwide, and Canada is no exception. While the country seemed initially to weather the storm with limited impact, concerns are mounting as to whether Canada will see a recession in