The Loonie Hour

Canada's oil and gas sector could flourish, enriching the lives of all Canadians while lowering global emissions, the only thing stopping it is politics according to this weeks special guest Andrew Haynes. Andrew is a 20 year expert in the energy sector. Meanwhile, the US Fed continues to push rates higher despite banking issues. Canadian population growth exceeded one million last year. Billions of commercial loans coming due could create more issues for smaller banks. Buy NordVPN and win extra subscription time https://nordvpn.com/looniehourSee omnystudio.com/listener for privacy information.

Banking crisis spreading across the US and more issues at Credit Suisse. Is this an isolated event or a potential contagion? What are the market implications for Canada? Bond yields are falling. The ECB raises rates. Canadian Real Estate Prices drop 15%, new listings hit 20 year lows.  Buy NordVPN and win extra subscription time https://nordvpn.com/looniehour  See omnystudio.com/listener for privacy information.

The Bank of Canada keeps rate hikes on pause, threatening a weaker currency as other central banks push forward with higher rates. What does this mean for the typical Canadian household? Important Jobs numbers are released. Inflation upside risks. Continued bull market for Canadian energy?See omnystudio.com/listener for privacy information.

Canada's GDP was flat in Q4, falling well below the Bank of Canada's forecast. The housing market continues to be starved of inventory as sellers attempt to hold out market conditions. Extend and pretend, amortizations are growing at Canadian banks. Inflation remains sticky across the US and Euro Zone as growth slows. See omnystudio.com/listener for privacy information.

Inflation in Canada surprised to the downside. However, shelter and food inflation, two things you can't live without- remain elevated. The public sector continues to grow as the entrepreneurial spirit stagnates. Commercial Real Estate remains under pressure. The Market is now more hawkish than the Fed. See omnystudio.com/listener for privacy information.

National home prices in Canada continue to slide, falling 12% on a yearly basis, the deepest slide on record. Signs of sticky inflation persist, suggesting the Bank of Canada might still have more work to do on interest rates. The Wealth gap could explode higher in the next recession. Could interest income from high interest rates actually be easing financial conditions? See omnystudio.com/listener for privacy information.

A big Vancouver Real Estate Developer goes belly up on over $700M in debt. Is this the canary in the coal mine? The Bank of Canada admits they had to pause over extreme household indebtedness. The Fed says disinflation is underway. The yield curve is now the most inverted since the 1980's.Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOURSee omnystudio.com/listener for privacy information.

More rate hikes from the Fed, the ECB, and the Bank of England. Are markets overly optimistic about the future of interest rates? Is the Canadian housing market nearing a bottom? We have Ron Butler join us for a guest interview to discuss the good, the bad, and the ugly in the Canadian mortgage market. Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOURSee omnystudio.com/listener for privacy information.

The Bank of Canada has raised interest rates another 25bps but has signalled they will pause and hold from here. What does this mean for housing and financial conditions? Is a soft landing achievable or wishful thinking? Consumer confidence is increasing but models suggest there is still near a 50/50 chance of a US recession this year. Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOURSee omnystudio.com/listener for privacy information.

National house prices continued their slide in December and are now down 17% since peaking. Inflation continues to fall but businesses don't believe we will see 2% inflation anytime soon. Twinkie bets are out, the Bank of Canada is poised for a rate hike next week. Investors are lining up to withdraw nearly $20B worth of funds from private Real Estate.Sign up for Shakepay with the promo code: LOONIEHOUR, and you’ll receive $10 after you buy your first $100 worth of bitcoin. https://shakepay.me/r/LOONIEHOURSee omnystudio.com/listener for privacy information.