Angry Mortgage Are Canadians Leaving Canada? And a BC Focus Pod | EP. 149
Nov 26, 2025
Alex McFadden, a savvy mortgage broker and owner of Flow Mortgage, shares insights on the current Canadian real estate landscape. They discuss the trend of Canadians moving abroad, especially to Mexico, and the affordable lifestyle it offers. Health care comparisons highlight differences in quality and cost. The duo also tackles the complexities of buying beachfront property in Mexico, and discusses the pressures driving people to Alberta for more affordable housing. With a dash of humor, they explore unconventional income streams and the evolving remote work culture.
AI Snips
Chapters
Transcript
Episode notes
Check Mexican Coastal Title Rules
- Research Mexican coastal ownership rules before buying; foreigners often use trust/lease structures for beachfront properties.
- Don’t assume fee simple purchase is available on prime coastal land.
Mass Moves To Alberta For Space
- Alex recounted large migration from BC lower mainland to Alberta in 2023–24 for cheaper housing and larger yards.
- Many buyers traded townhouses for detached homes with significantly smaller mortgages in Calgary/Edmonton.
BC Migration Shifts Inward
- In 2025 people are relocating within BC to the island or interior rather than leaving the province.
- Retirees prefer the island while families favor Okanagan and interior smaller towns.