Latest / The Flow: Real Estate and Money Show
Canada's Tariff Crisis Just Got WORSE for Homeowners: here’s what HAPPENS next
Tariffs changed, but housing is still getting squeezed. The big 35% tariffs were struck down, a new 10% tariff came in, and the high steel, aluminum, and lumber tariffs stayed. That keeps build and renovation costs rising, slows new construction, and adds pressure on supply. At the same time, the Bank of Canada is stuck because tariffs keep inflation sticky, so big rate cuts are not likely. With millions renewing from very low rates to much higher payments, Alex’s takeaway is to shop your renewal instead of signing the bank’s first offer, and watch the next key dates that could shift the…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.