Episode 29: Canada on the Brink: Tariffs, Rate Cuts & Mortgage Mayhem

In This Episode, Alex Pang and Alex Shanks dive into what’s shaking the Canadian mortgage world—from escalating global tariffs to AI calling bots booking mortgage appointments (yes, really!). They recap the key takeaways from the Canadian Mortgage Summit, including how AI is creeping into the mortgage space, and dissect the ripple effects of the ongoing trade wars with the U.S. and China.

You’ll also hear about:

• The impact of new U.S. tariffs and Canada’s retaliatory moves
• Mark Carney becoming the unelected Prime Minister
• BMO, TD, RBC, and other Big 6 banks’ predictions on rate cuts
• Rocket Mortgage Canada closing its doors
• Why Hudson’s Bay just filed for bankruptcy
• BC, Alberta, and Ontario banning U.S. liquor and hiking prices
• Whether stress tests will soon be replaced with loan-to-income rules
• CRA cracking down while inflation creeps back up
• And the surprising role AI might play in future mortgage applications!

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• Alex Pang 
• Alex Shanks