Canadian Private Lenders’ Podcast
The #1 Podcast on Private Mortgage Lending in Canada. Ryan MacNeil and Neal Andreino of Keystone Capital Group outline their private mortgage lending experience and help you grow your mortgage business, while focusing on the importance of the growing Canadian Mortgage Broker channel.
Canadian Private Lenders’ Podcast
Ep.111 | How $82 Billion in Defense Spending Could Reshape Halifax
In Episode 111 of the Canadian Private Lenders Podcast, Ryan and Neal bring the focus home to Halifax and Nova Scotia, breaking down how Canada’s newly announced $82 billion in defense and aerospace spending over the next five years could transform the local economy, job market, industrial landscape, and housing demand.
From Irving Shipbuilding’s growing footprint to the surge in military procurement, the hosts explore who the major winners may be, what risks still exist, and how private lenders and investors can prepare for shifting real estate and lending opportunities. They also discuss commute times, bike lanes, regional development, industrial growth, and insights from the Atlantic Real Estate Forum.
This is a must-listen for brokers, lenders, investors, and anyone watching the future of Atlantic Canada’s economy.
Show Notes:
00:00 – Halifax commute times & caffeine banter
01:21 – Episode overview: Halifax outlook & defense spending
02:03 – Canadian city congestion rankings
03:32 – Bike lanes, EV micromobility & transport shifts
05:20 – Overview of Canada’s $82B defense budget
07:21 – Irving Shipbuilding expansion & aerospace ecosystem
09:55 – Economic impacts: jobs, wages & supply chain
12:13 – Defense spending stability & long-term growth
15:04 – Housing impacts: income, purchasing power, density
17:27 – Global conflict considerations
18:12 – Industrial real estate demand
20:04 – Will defense spending fill Halifax’s new rental supply?
21:28 – Procurement timing risks & delays
22:30 – Private lending opportunities
23:25 – SME procurement opportunities
24:44 – Atlantic Real Estate Forum insights
26:20 – CMHC policy shifts & developer sentiment
28:00 – Cap rates, rent pressures & vacancies
29:35 – Strategic caution for lenders & investors
31:10 – Closing remarks & disclosures
Resources:
Keystone Capital Group
CPLP Instagram: @cplpodcast
Keystone Instagram: @keycapgroup
Find Neal On:
Instagram: @neal.andreino
LinkedIn: Neal Andreino
Find Ryan on:
LinkedIn: Ryan MacNeil
E-mail: ryan@keycap.ca