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Is BC really bailing out condo developers?

In Episode 95 of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks are joined by BC Real Estate Association Chief Economist Brendon Ogmundson to unpack the controversy surrounding BC's proposed $1.5 billion condo program.

Was this really a developer bailout—or was the story completely misunderstood?

They discuss why developers say they never asked for the program, what is actually causing Canada's housing slowdown, the growing inventory of unsold condos, and why today's policies could create another housing shortage just a few years from now.

The conversation also covers:

• Why new housing construction is slowing
• Interest rate outlook and Bank of Canada expectations
• Canada's economic recovery
• Pipeline investments and economic growth
• AI, productivity, and the future of jobs
• Where Vancouver and Toronto real estate could be headed next

Whether you're a homeowner, investor, realtor, or simply trying to understand Canada's rapidly changing housing market, this episode breaks down the facts behind the headlines.

Subscribe for weekly conversations on Canadian real estate, mortgages, economics, and housing policy.

Schedule a call:

http://www.calendly.com/alexpangmortgage

Canada's housing market is at another turning point.

This week, Alex Pang and Alex Shanks break down the controversial BC condo bailout and why critics from both sides of the political spectrum are pushing back. Is this really an affordable housing initiative—or a taxpayer-funded rescue for developers?

They also discuss:

• The economics behind the FIFA World Cup and whether hosting actually benefits Canada.
• Rising inflation and why grocery bills continue to climb.
• The latest Canadian housing market data and where prices are still rising.
• Why breaking your mortgage early could save you thousands of dollars.
• Interest rate expectations and what borrowers should watch over the coming months.

If you're a homeowner, investor, first-time buyer, or simply trying to understand where Canada's economy is heading, this episode is packed with practical insights and honest discussion.

Subscribe for weekly Canadian housing, mortgage, and economic updates.



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Schedule a call: http://www.calendly.com/alexpangmortgage

Canada’s population is declining for the third straight quarter—and the implications could be much bigger than most people realize.

In Episode 93, Alex Pang and Alex Shanks break down what a shrinking population, collapsing birth rates, and sharply reduced immigration could mean for Canada’s housing market, workforce, schools, pensions, and long-term economic growth.

They also discuss B.C.’s plan to buy unsold condos, concerns around government bailouts for developers, Canada’s growing brain drain problem, potential digital-surveillance legislation, mortgage-rate expectations, and the rising cost of delayed infrastructure projects like the Massey Tunnel replacement.

Plus: World Cup excitement, Canada’s huge win, and why the country needs a more balanced approach to immigration, affordability, and growth.

Subscribe to The Canadian Mortgage Show for weekly conversations on mortgages, housing, affordability, real estate, and the policies shaping Canada.

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Alex Pang 
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Schedule a call:

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Canada added 88,000 jobs in May and unemployment dropped — but at the same time, a record number of people are leaving the country.

So what’s really happening?

In this episode, Alex Pang and Alex Shanks discuss Canada’s confusing economic signals: stronger-than-expected job numbers, falling rents, frozen interest rates, rising affordability concerns, and growing frustration from Canadians who feel priced out, taxed out, or pushed out.

Is the Canadian economy actually improving? Or are the headline numbers hiding a much weaker reality?

They also cover the Bank of Canada’s latest rate hold, the decline in asking rents across major markets, new telecom rules, and the Greg Martel mortgage fraud scandal.




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In Episode 91 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down Canada’s latest economic warning signs as the country enters a technical recession. They discuss what slowing GDP growth, rising unemployment, falling bond yields, and uncertainty around future rate cuts could mean for Canadian homeowners, buyers, and investors.

The episode also dives into the state of housing across Canada, including softening prices in Toronto, slowing sales in Montreal and Vancouver, collapsing pre-sale condo activity, and the growing stress in mortgage delinquency rates across the GTA. The hosts also explore rental market realities, development fees, affordability challenges, LNG export news, tenant protection changes in Burnaby, and why real estate income is far from passive.

A timely conversation for anyone trying to understand where Canada’s economy, mortgage rates, and housing market may be heading next.


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In Episode 90 of The Canadian Mortgage Show, Alex Pang and Alex Shanks sit down with Steve Karrasch, Surrey realtor with Macdonald Realty and co-host of The Tom Storey Show.

Steve breaks down what he is seeing in the Lower Mainland and Greater Vancouver real estate market, including why some properties are still getting multiple offers while others are sitting with no showings.

The conversation also dives into AI in real estate, seller overconfidence, bad pricing, listing mistakes, foreign buyer rules, open bidding, dual agency, and why today’s market is forcing sellers to face reality.

If you are buying, selling, investing, or working in Canadian real estate, this episode gives a direct look at the market from people who are actively inside it.


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Alex Pang 
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Schedule a call:

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In Episode 89 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a shocking situation involving a BC homebuyer who purchased a presale property years ago and is now being chased by the Ministry of Finance for additional property transfer tax.

The conversation opens with a surprising story: a client bought during the 2021 to 2022 market peak, paid the required GST and property transfer tax, and years later received a letter from the BC government claiming the property may have been purchased below market value. The hosts unpack why this can happen, how fair market value rules work, and why this could become a bigger issue as government revenues tighten.

From there, they dive into Canada’s broader affordability crisis, rising CPI, grocery and fuel costs, higher insolvency numbers, and the painful reality facing homeowners carrying too much consumer debt. Alex Shanks gives a blunt warning: owning a home is powerful, but it should not financially destroy you. Sometimes selling, renting, and restarting may be the smarter move.

The episode also covers mortgage rate volatility, bond yields, Bank of Canada expectations, government infrastructure promises, nuclear energy investment in Ontario, Dunkin Donuts returning to Canada, Tim Hortons’ hiring response, Alberta aviation jobs, Vancouver’s natural gas debate, AI data centers in BC, and whether the FIFA World Cup will actually deliver the economic boost Vancouver was promised.

This episode is a sharp look at housing, taxes, affordability, and the strange signals emerging across Canada’s economy.

Podcast Social Links:
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Alex Pang 
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Schedule a call

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Canada’s mortgage and housing market is getting harder to read.

In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down the latest signs of stress in the Canadian economy, including job losses, rising unemployment, youth job struggles, expensive unsold condos, and the growing uncertainty around mortgage rates.

They also discuss why more borrowers are looking at variable-rate mortgages again, why the 3-year fixed mortgage remains a popular middle ground, and why choosing the wrong mortgage product could become expensive if your life plans change.

The biggest warning in this episode? A closer look at the 1% down mortgage program in Steinbach, Manitoba. On paper, it sounds like an affordable path into homeownership. But once you look at the higher interest rate, restrictions, possible hidden costs, and utility concerns, the deal may not be as simple as it seems.

Also covered in this episode:

Canada’s April job losses and rising unemployment
Why youth unemployment is becoming a major concern
Vancouver and Burnaby’s expensive unsold condo inventory
Why companies are buying new condos in bulk and turning them into rentals
The debate between variable rates and 3-year fixed mortgages
Why Quebec remains resistant to pipeline projects
The hidden risks behind “too good to be true” housing offers

If you are renewing your mortgage, buying a home, investing in real estate, or trying to understand where Canada’s housing market is headed, this episode is for you.

Subscribe for more honest conversations about mortgages, real estate, rates, renewals, and the Canadian housing market.


Podcast Social Links:
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Alex Pang 
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Schedule a call:
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Canada’s economy has leaned heavily on real estate for years, but what happens when housing can no longer carry the country?

In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a wide-ranging week of Canadian economic news, including Kelowna’s exemption from BC short-term rental rules, ongoing uncertainty around DRIPA and First Nations policy, and the approval of Enbridge’s $4 billion Sunrise pipeline expansion.

They also discuss why Canada’s dependence on real estate may be holding back long-term prosperity, how modular and manufactured housing could help address supply challenges, and why the “right kind of housing supply” matters more than simply building more units.

The conversation also touches on Canada’s strong export numbers, AirAsia’s major order of Canadian-made Airbus A220 jets, immigration tracking, and the growing role of AI in customer service.

It’s a practical and timely discussion about housing, policy, productivity, and the future direction of Canada’s economy.



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In Episode 86 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down another strange week in Canadian real estate, mortgages, and the economy.

The Bank of Canada is staying in “wait and see” mode, but with inflation pressure, oil prices, war risk, and a slowing economy all colliding at once, the big question is whether rates can really stay frozen for long. The hosts also dig into the GTA pre-sale market hitting historic lows, falling rents, rising rental vacancy, and why landlords and investors are starting to feel the pressure.

They also cover a surprising 1% down payment home program in Manitoba, the risks and opportunities behind it, Canada’s proposed $25 billion sovereign wealth fund, political drama around floor crossing, Canada Post’s massive losses, Rogers layoffs, and the potential Real Broker and RE/MAX deal.

From interest rates to housing supply, rental softness, job losses, and affordability experiments, this episode asks the real question: is Canada’s housing market simply cooling, or are we watching a bigger reset unfold?

Podcast Social Links:
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Canada’s housing market is shifting again, and this episode breaks down what buyers, homeowners, and investors need to understand right now.

Alex Pang and Alex Shanks discuss the latest political shake-up in Ottawa, the temporary federal fuel tax suspension, slowing BC home sales, First Nations land claim uncertainty, BC’s latest credit downgrade, and how developers are getting creative as pre-sale demand cools.

The biggest takeaway: new builds may start making sense again for some first-time buyers, especially when GST rebates, PTT exemptions, FHSA savings, and smart down payment planning are used properly.

But there is a warning too. Borrowing your down payment through RRSP loans, lines of credit, or even vehicle refinancing can backfire fast if the debt servicing kills your mortgage qualification.

In this episode:

Why Canada’s new majority government matters for housing
BC home sales, prices, and dollar volume slowing down
Why land claims and lender caution are becoming bigger issues
How developers are using “try before you buy” incentives
The new build GST rebate strategy for first-time buyers
Why borrowed down payments can reduce your buying power
The danger of car debt, negative equity, and overleveraging

Disclaimer: This content is for general information only and is not financial, legal, or mortgage advice. Speak with a qualified mortgage professional before making any real estate or financing decision.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
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Alex Pang 
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Schedule a call

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In Episode 84 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down why Canada’s housing market still feels stuck despite a few signs of movement.

They discuss Ontario’s $8.8B plan to cut municipal development charges, the HST rebate impact on new builds, why some developers may be pocketing the savings, and what this really means for buyers. They also look at weak GTA pricing, falling rents, the disappearance of the mom-and-pop investor, and why buyers in some markets finally have leverage again.

On top of that, they dive into Canada’s broader economic picture, including job growth, capital flight, Nicola Wealth’s real estate issues, Canada Post restructuring, and whether government spending plans will actually improve the country’s long-term outlook.

If you want honest Canadian real estate and economic commentary without the fluff, this episode is for you.

Topics covered:

Ontario housing incentives
GTA home sales and price trends
Falling rents across Canada
Why investors are disappearing
Canada’s capital exodus problem
Nicola Wealth and condo market stress
Canada Post restructuring
Mark Carney’s infrastructure and spending plans

Subscribe for weekly insights on mortgages, housing, and the Canadian economy.


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Alex Pang 
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Episode 83 of The Canadian Mortgage Show welcomes David Chilton, bestselling author of The Wealthy Barber and former Dragon’s Den investor.

In this conversation, David joins Alex Pang and Alex Shanks to talk about why it feels harder than ever for young Canadians to get ahead. They break down the rising cost of living, the pressure of housing prices, why “pay yourself first” still matters, and how social media, credit, and AI are reshaping financial behavior.

They also dig into whether renting can sometimes be smarter than buying, why Canada became too dependent on real estate, the future of trades versus white-collar work, and what needs to change if Canada wants more innovation, stronger business formation, and better opportunities for the next generation.

If you care about mortgages, housing, personal finance, real estate, and the economic future of Canada, this is a must-watch episode.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
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AJ Marini joins the show to argue that Canada’s housing problem is no longer just about supply. He says the deeper issue is cost: land, labor, materials, infrastructure, debt, and wages no longer line up. The episode also explores why condos and pre-construction are under pressure, how governments may be missing the real problem, and what AI could mean for jobs and business going forward.


The conversation also expands into inflation, wages, consumer prices, government policy, and how AI could reshape jobs, productivity, and the broader economy.

If you want a blunt discussion on Canadian real estate, the economy, and where things may be headed next, this is an episode worth watching.

Topics covered:
Why Canadian housing is still unaffordable
Why pre-construction and condo economics are under pressure
Development charges, subsidies, and government policy
Why wages are not keeping up with real living costs
The disconnect between inflation data and real life
How AI could impact jobs, business, and productivity
Why social media is changing real estate marketing

#CanadianMortgageShow #CanadianRealEstate #HousingCrisis #CanadaHousing #MortgagePodcast #AJMarini #PreConstruction #CanadaEconomy #RealEstateCanada #housingaffordability 

Podcast Social Links:
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In Episode 81 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down why mortgage rates in Canada moved higher again, why rate exceptions are disappearing, and why buyers should not rush into a purchase just to chase a temporary rate hold.

They also unpack Ontario’s expanded HST rebate on new builds, why it likely will not move the needle on affordability, and what it means that Canadian home prices are now negative on a five-year basis for the first time since the 1990s.

Beyond housing, this episode looks at federal job cuts, failures in Canada’s international student program, youth unemployment pressure, possible OAS reform, consumer weakness showing up at Dollarama, and why LNG, mining, and major resource projects may be one of Canada’s clearest paths back to growth.

They also discuss Chinese EV competition, why North American automakers are struggling in the EV race, and what all of this says about the Canadian economy right now.

Topics covered:

Mortgage rates rising again in Canada
Fixed and variable pricing moving higher
Why rate holds should not force panic buying
Ontario’s HST rebate for new homes
Canadian home prices negative on a 5-year basis
Why refinancing and switching lenders is getting harder
Federal layoffs and weak consumer sentiment
Immigration policy failures and youth joblessness
OAS reform and Canada’s deficit problem
LNG, mining, and productivity in BC
BYD, Lotus, and the Chinese EV threat

#CanadaHousing #MortgageRates #CanadianRealEstate #CanadaEconomy #HousingMarket #InterestRates #CanadianMortgages

Podcast Social Links:
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Alex Pang 
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The Bank of Canada held rates again, but that does not mean Canadians are in the clear.

In Episode 80 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down why fixed mortgage rates are moving higher anyway, how bond yields and oil prices are changing the outlook, and why the war-driven spike in gas prices could keep pressure on inflation.

They also dig into major Canadian trends that matter right now:

falling inflation and weak economic data
shrinking mortgage discounts from lenders
tipping culture backlash in Canada
population decline for the first time in decades
GST rebate confusion for first-time home buyers
BC’s PST clarification on commercial real estate
BC’s credit downgrade and what it could signal
Canada’s drop in world happiness rankings

If you’re buying, refinancing, locking in, or just trying to understand where Canadian rates may go next, this episode gives you the context you need.

Topics covered:
Canadian mortgage rates, Bank of Canada, fixed vs variable, bond yields, inflation, gas prices, real estate market Canada, first-time home buyer GST rebate, BC housing, Canadian economy

#CanadianMortgageShow #MortgageRates #BankOfCanada #CanadaHousing #FixedRates #RealEstateCanada

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Alex Pang 
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Alex Shanks 
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Canada’s mortgage market just got hit with another major warning sign.

In this episode, Alex Pang and Alex Shanks break down the recent spike in bond yields, why fixed mortgage rates may rise again, and how geopolitical tensions are creating a new inflation risk for Canadians. They also discuss why the Bank of Canada may be stuck, the condo appraisal problem, the new GST rebate update for first-time buyers, capped NSF fees, retirement affordability, and fraud issues inside the mortgage industry.

Topics include:

Bond yields spiking above 3%
Why fixed mortgage rates could move higher
How oil and inflation are changing the rate outlook
Why the Bank of Canada may be trapped
First-time buyer GST rebate update
Condo blanket appraisals under scrutiny
NSF fees now capped in Canada
Why Canadians think they need millions to retire
Subprime lender defaults rising
Mortgage fraud crackdowns in Ontario
What this all means for housing, lending, and affordability


If you’re a homeowner, buyer, investor, or just trying to understand where rates and real estate are headed in Canada, this episode is for you.

Subscribe for weekly Canadian mortgage and housing insights.

#CanadaMortgage #MortgageRates #BankOfCanada #CanadianRealEstate #HousingMarket #BondYields #InterestRates #Inflation #FirstTimeHomeBuyer #CanadianMortgageShow

Podcast Social Links:
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Alex Pang 
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Alex Shanks 
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Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

What should Canadians do with their money when markets are shaky, real estate feels uncertain, and global conflict is driving fear?

In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks are joined by senior financial planner Scott Grant to break down how Canadians should think about investing, emergency funds, inheritance, real estate, DIY trading, and estate planning in uncertain times.  

This conversation covers:

• how war and global instability affect markets
• why staying calm matters when everyone else is panicking
• emergency funds and why they matter more than ever
• whether real estate still makes sense as an investment
• what to do with a $100,000 lump sum
• why compound interest still wins
• the dangers of DIY investing and day trading
• TFSA and RRSP mistakes people make
• estate planning, trusts, probate, and adding kids to title

If you’re trying to make smarter financial decisions in Canada, this episode gives you practical perspective without the hype.

Subscribe for more Canadian mortgage, real estate, and money conversations.

Episode 77 is a wide-ranging update on Canada’s economy, housing, and mortgage rates — with real talk on what the latest data could mean for buyers, homeowners, and renewals.

We cover:

Canada’s Q4 GDP contraction and what it signals for growth

GTA new home sales: only 268 sold in January — the lowest since 1981

Why fixed mortgage rates have been “leaking lower” (and how to think about locking in)

National Bank: housing affordability improved for 8 straight quarters, but the market is still tough

Canada’s housing downturn: steepest among major economies

Equifax: incomes up 76% since 2004, but entry-level home prices up 265%

Jobs & payroll: no year-over-year payroll employment increase + public sector cutbacks

Loblaws expansions, automation, and what it says about jobs + consumer spending

Banks posting healthy profits — and why credit card interest is a bigger issue than most people admit

The difference between being “qualified” vs actually being financially comfortable owning a home

Need mortgage advice?
We’re mortgage brokers and we focus on strategy — not just approvals. Reach out for a review of your renewal, purchase plan, or refinance options.

👍 Like, subscribe, and comment your situation (buying / renewing / refinancing) and what city you’re in.

Podcast Social Links:
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Alex Pang 
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Alex Shanks 
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Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s inflation headline is cooling—but food inflation is still scorching at 7.3% (highest in the G7), and that changes everything. In Episode 76, Alex Pang and Alex Shanks break down why grocery prices stay elevated, how Canada’s oligopolies shape affordability, and what this means for interest rates, housing, and renters.


We also cover:

Vancouver benchmark prices down 10 straight months
Rental market shifts and falling asking rents
Developers using “price protection” to revive presales
Job market stress: longer time to find work
Demographics: more seniors than kids in Toronto
Mortgage industry news: RFA going public
Government “grocery benefits” vs fixing the root problem

👍 Like, subscribe, and share to support the show.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
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Alex Pang 
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Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In Episode 75 of The Canadian Mortgage Show, we break down new Abacus Data polling that reveals a powerful shift in how Canadians feel about housing.

The desire to own a home is still strong — 70% say they want to own someday. But confidence is collapsing. Only 29% of non-homeowners believe they will ever actually buy one.

We unpack:
• Why housing has become a crisis of confidence
• Who Canadians blame for affordability issues
• Whether government policies match the scale of the problem
• Development charges and their impact on home prices
• Why market housing affordability matters more than ever

We also touch on how interest rates, immigration, infrastructure delays, and government programs have shaped today’s reality.

This isn’t just opinion. It’s what Canadians themselves are saying.

If you’re a first-time buyer, investor, renter, or homeowner — this episode matters.

🎙 Hosted by Alex Pang & Alex Shanks
📊 Real data. Real conversation. No fluff.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
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Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In Episode 74 of The Canadian Mortgage Show, we break down why several major banks are forecasting interest rate hikes by 2026 — despite economic data pointing in the opposite direction.

We unpack:

Why RBC, Scotia, and National Bank expect higher rates

Why bond yields, job losses, and weak growth don’t support that view

Vancouver and Toronto home sales sliding sharply

Rising mortgage delinquencies in the GTA

Nova Scotia’s new 2% down payment pilot for first-time buyers

The collapse of house flipping and real estate speculation

BMO’s regulatory fine and growing white-collar enforcement

EV mandates scrapped and what it means for Canada’s auto sector

If you’re on a variable mortgage, thinking about locking in, or waiting to buy, this episode explains what actually matters — and what’s just noise.

📌 Nothing here is black and white. The risk today isn’t what banks are saying — it’s what they’re missing.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s economy is sending mixed — and increasingly worrying — signals.

In Episode 73 of The Canadian Mortgage Show, we break down why the Bank of Canada held interest rates at 2.25%, why GDP growth is fading, and why economists are quietly preparing for possible rate cuts later this year.

We cover:

Why holding rates doesn’t mean the economy is healthy

Rising layoffs in manufacturing and auto sectors

How AI-driven job cuts (including 45,000 roles globally) could impact consumers

Why housing affordability remains stuck despite “neutral” rates

What Canada must fix internally to avoid long-term stagnation

This episode isn’t about panic — it’s about reading the signals early.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s housing market looks calm on the surface — but underneath, pressure is quietly building.

In Episode 72 of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down the real data behind falling home prices, collapsing condo development, rising household debt, and why affordability still isn’t improving for most Canadians.

They cover:

Why new condo construction is drying up across the GTA and Metro Vancouver

The truth about mortgage renewal shock and why it wasn’t as bad as predicted

Why renting vs buying isn’t as simple as the math suggests

How rising vacancy rates could change rents in 2026

Why Canada likely won’t allow a U.S.-style housing crash

What open banking could mean for mortgages, lending, and consumer power

The hidden risks inside real estate investment funds

How lifestyle inflation quietly traps high-income earners

This episode isn’t about hype or fear — it’s about understanding where the Canadian housing market is actually heading and how to make smarter decisions in an uncertain economy.

🎧 Listen on Spotify & Apple Podcasts
📊 Watch the charts on YouTube
📩 Subscribe for weekly Canadian housing insights

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
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Alex Shanks 
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Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s housing market is cooling — but affordability isn’t improving.
In this episode, we break down falling home prices, rising household debt, stagnant wages, and why everyday life still feels harder for Canadians.

#canada 


Podcast Social Links:
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Alex Pang 
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Canada’s economy is sending warning signals — and most people are missing them.

In Episode 70 of The Canadian Mortgage Show, we break down:
• Why unemployment jumped faster than expected
• Four straight years of falling home prices in Toronto
• Restaurant closures accelerating across Canada
• Why rate cuts may still be far away
• The growing gap between Canada and the U.S. economy

We also dive into:
• Immigration policy reversals
• The hidden problem behind part-time job growth
• Why Canada’s industrial base is shrinking
• What falling BC Assessments really mean for homeowners

If you’re a homeowner, buyer, renter, or investor — this episode matters.


Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/


#canada #mortgage

Happy New Year — and welcome to Episode 69 of The Canadian Mortgage Show. This is our first episode of 2026, and we brought in Hasan Juma (Realtor, Oakwyn Realty) as a guest host to weigh in on the biggest stories shaping Canadian housing right now. 

EP 69

In this episode we cover:

• Canada considering changes when the foreign buyer ban expires in 2027 (and whether foreign money would even come back) 
  
  EP 69
• The rent affordability crisis — including renters spending 50%+ (and even 70%+) of net income on rent 
  
  EP 69
• Greater Toronto prices down ~26% from peak and what that implies for other markets 
  
  EP 69
• BC land claims and the real-world impact: buyer fear, deals collapsing, and lenders pulling back 
  
  EP 69
• Our 2026 forecast: sales activity, pricing pressure by product type, and what rates might do next 
  
  EP 69

If you’re buying, selling, renewing, or just trying to understand what’s real vs headlines — this one’s for you.

Canada’s inflation held at 2.2%—but coffee is up 33% and groceries are still squeezing households. We break down whether this is true inflation or price gouging in a market dominated by a few major players.

On housing: November sales dipped, fixed rates have stayed stubborn, and banks are now shrinking variable-rate discounts—a signal worth paying attention to. We also talk about where different regions sit from peak prices, and why inflation-adjusted home values are trending back toward 2017 levels.

Plus: vacancy rates rising in BC (hello renters’ market), job-market pressure building (and why trades may be the next wealth path), Ford’s EV pivot, and the latest on BC land-title financing concerns.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Bank of Canada held the policy rate at 2.25%—but bond yields jumped and 5-year fixed rates climbed back above 4%. We break down why the latest “strong” jobs data may be seasonal noise (part-time youth jobs + people stopping the job search), what that means for variable vs fixed, and why fear-based mortgage advice is dangerous. Plus: falling rents, rising insolvencies, massive Toronto development charges, foreign capital talk, and a warning for anyone trying to “flip” presales in 2026. 


Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s unemployment rate just fell to 6.5% and 54,000 jobs were “added” — but does it actually feel like the economy is improving? In this episode, Alex & Alex break down why they’re calling it Overreaction Friday. They dig into the bond market’s response, what a third of Canadian mortgages renewing in 2026 really means for homeowners, falling condo prices in Vancouver and Toronto, rent trends across Canada, and why more developers are going into creditor protection.

They also cover public sector downsizing, the permanent closure of a major BC pulp mill, Canada’s first free grocery store in Saskatchewan, and the latest mergers in the banking world (EQ Bank, PC Financial, B2B Bank, Fairstone). If you’re trying to make sense of scary headlines without falling for clickbait, this one’s for you.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In episode 65, Alex Pang & Alex Shanks break down the “historic” Alberta–Canada energy agreement, what it actually means for jobs, pipelines and BC, and why Canada keeps pushing investment and talent out of the country. They dig into Nutrien choosing a US port over BC, Nokia’s subsidized Ottawa campus, the Stellantis mess, and why we’re not in a housing crisis so much as a long-running income crisis. The guys finish with the latest on land claims in BC and what that could mean for current and future homeowners.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canadian mortgage delinquency is just 0.23%… but credit cards, HELOCs, Canada Post, Bell, and even developers are cracking under the pressure. In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down what’s REALLY going on behind the “stable” mortgage numbers.

We cover:

CMHC data: Housing starts down 17% and why the promise of 500,000 new homes was never realistic.

Delinquencies: Why Canadian mortgage and HELOC delinquencies are tiny compared to the U.S., but credit cards and lines of credit are quietly surging.

Banks vs Brokers: Big 6 banks are suddenly SUPER competitive on renewals – and how brokers can still use that to your advantage.

Affordability crisis: Mortgage payments now exceed 50% of after-tax income in every Ontario urban centre – and hit 112% in Vancouver and 110% in Toronto.

Purpose-built rentals vs presales: Why developers are converting unsold presale condos into rentals and what that means for renters, investors, and first-time buyers.

Oligopolies & productivity: How telecom, food, and banking oligopolies trap Canada in a “low productivity” loop – and why that matters for rates and housing.

Developers under stress: Project cancellations, conversions to rentals, and big names like Westbank showing cracks.

Job losses: Canada Post effectively insolvent and cutting 30,000 jobs, Bell laying off 700 more – and how that feeds into recession risk and rate cuts.

Immigration & brain drain: Highly skilled immigrants are starting to leave Canada for better pay and opportunity elsewhere.

Wild true crime closer: A former Canadian Olympic snowboarder turned alleged cartel-linked drug kingpin now on the FBI’s Top 10 list.

If you’re a homeowner, first-time buyer, investor, or just trying to survive this economy, this episode will help you see the bigger picture and make smarter moves with your mortgage, your debt, and your future in Canada.

📩 Need mortgage advice or renewal help?
Reach out to Alex & Alex through the links in the description / show notes.

👍 Like, subscribe, and share this episode with someone stressing about housing or debt in Canada.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada just dodged a technical recession—but did the Blue Jays’ World Series run actually help save Ontario’s economy? In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down the latest jobs data, inflation numbers, interest rate forecasts, insolvency news, and even U.S. talk of 50-year mortgages.

They also cover developer failures in B.C., First Nations land claim impacts on financing in Richmond and Ontario, Questrade’s move into banking, Home Trust’s return to “A” lending, and why Canadians are financing everything from phones to concert tickets.


In this episode:

October jobs report & 6.9% unemployment

Inflation easing and what it means for Bank of Canada rate cuts

Why Scotiabank thinks rates could rise again in 2026

How Blue Jays mania and Taylor Swift concerts show up in spending data

Creative accounting in the federal budget and PBO pushback

Questrade’s new bank & Home Trust re-entering prime lending

Land claims in Richmond & Ontario and what lenders are actually doing

B.C. developer Square Nine’s insolvency & presale risks

U.S. 50-year mortgage talk and if that’s coming here

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down a packed week of news that directly affects Canadian homeowners, buyers, and investors.

We start with the new federal budget: a $78B deficit, capital spending framed as “generational investments,” and big ticket items like $25B for housing, $30B for defense, and $115B for infrastructure—but almost no direct bailout for housing. What does that mean for interest rates, jobs, and home prices over the next few years?

Then we dig into:

• Plans to cut public service positions by ~40,000, trimming federal headcount from about 368,000 down to 330,000. 
• A new “productivity super deduction” that could let companies write off capital investments faster and potentially attract more business investment and jobs into Canada. 
• Major immigration and student visa changes, including a plan to drastically reduce new temporary residents and the ripple effects on student rentals and investor strategies. 

The second half of the episode goes deep on the Richmond First Nations land claim and what it could mean for property rights across BC and beyond. We talk about:

• A Richmond homeowner being told their mortgage won’t be renewed because of the claim. 
• A councillor saying a bank pulled $100M in financing on a project due to title uncertainty. 
• Legal experts warning that, after the Cowichan ruling, Aboriginal title can trump fee simple title and that 95% of BC land is under some form of claim.

We close with practical takeaways for diversifying your wealth beyond just your home, what to watch for as these court cases unfold, and why “no news” in the budget for housing is actually a very big story.

Timestamps & chapters below. Don’t forget to like, subscribe, and drop your questions in the comments—especially if you’re in BC or own in a land-claim area.

Rates fell 0.25—but fixed didn’t budge. Richmond’s land-title fight spooked lenders. Condo sales tanking in the GTA. CRA pays a $4.99M refund automatically(?!). BC Hydro bans new crypto-mining hookups. We break down what actually affects your mortgage today, how variable vs fixed really works, and the real-world fallout if lenders refuse renewals on contested land.

In this episode:
• Variable vs Fixed: why only one moved after the cut
• Adjustable vs fixed-payment variables (and how your payment changes)
• When to lock your variable into a fixed (signal to watch: bond yields)
• Richmond land claim → renewals, valuations, insurability
• GTA condo freeze, Amazon job-cut chatter, Chinese EV tariffs talk
• BC Hydro’s crypto/data-center limits & what that means for innovation
• Ontario’s proposed HST relief for first-time buyers (what it actually saves)

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
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Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s economy is sending mixed signals—and mortgages, housing, and jobs are caught in the crossfire. Alex & Alex unpack September’s jobs print vs. unemployment, inflation ticking to ~2.4%, and what that means for the next Bank of Canada move. We also hit breaking headlines: the Ontario ad that sparked a Canada-US tariff spat, bank record profits alongside layoffs, Stellantis/GM shifts in auto manufacturing, and why “missing middle” construction is booming in Alberta but stalling in Toronto/Vancouver.
 Plus: CRA call-centre accuracy shockers, mortgage-fraud fines in the GTA, Richmond land-claim jitters in B.C., and global demographics—Poland’s tax break for bigger families vs. Japan’s hard line on immigration. Practical takeaways for buyers, owners, and investors in a market that feels different city to city. 

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
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Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

BCREA Chief Economist Brendon Ogmundson joins Alex Pang and Alex Shanks to unpack the real state of BC housing: the surprising 2025 sales slowdown and rebound pockets, why pre-sales are struggling, and the capital problem behind our 600k-homes target. We dig into foreign-buyer rules (and the “Australia model”), REITs vs. rents, development charges and permitting bottlenecks, mass-timber/missing-middle solutions, and practical policy tweaks—like easing the stress-test buffer and giving buyers flexible amortizations. Brendon also shares a data-driven outlook on rates, prices, and regional divergence heading into 2026. If you work in real estate—or you’re trying to buy, hold, or build—this one is required listening. 

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
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Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s housing story is shifting fast. We open on why thousands of new condos are sitting unsold in the Lower Mainland and what that means for pricing power, then dig into a surprising stat: in Ottawa, monthly ownership costs can now beat renting (yes, really). We also tackle what’s next for mortgage rates, why many landlords are dangling incentives, and how to use a refinance-then-buy strategy to upgrade in today’s buyer’s market—without blowing up your cash flow. Finally, we share real client case studies (wins and watch-outs) and a practical checklist you can use before you make your next move.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
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Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Canada’s housing chessboard is shifting again. Alex & Alex break down OSFI’s proposed loan-to-income limits and why they could sideline small “mom-and-pop” investors while empowering institutions. They weigh amortization creep (30… 50 years?), collapsing pre-con condo sales, and why prices—not just rates—are driving affordability. Then they connect the dots between immigration policy whiplash (international student clampdowns, asylum spikes) and rents, jobs, and even mobile phone activations as a population proxy. Rants included: white-collar crime (trust account blowups, mortgage Ponzi-style schemes), CRA income-verification reform, and tariffs south of the border. It’s a jam-packed, candid update on what’s actually moving Canadian real estate, lending, and the broader economy.

Key takeaways 

OSFI is floating rules that could block using personal income on 2nd/3rd rentals—tilting the field toward corporates.

Affordability is being “fixed” by letting people borrow more/longer (30→50 years?), not by cheaper homes.

Pre-con condo market is freezing; many projects are cash-flow negative without huge rent increases.

International student curbs (e.g., Conestoga) show instant knock-on effects to local rents and jobs.

Canada’s weak fraud enforcement + stalled CRA auto-verification keeps mortgage fraud too easy.

In this episode, Alex Pang and Alex Shanks step away from the headlines to focus on mortgage renewal strategies that every Canadian homeowner should know. With record-low pandemic interest rates now expiring, many borrowers are facing renewal letters with much higher rates—and most simply sign without questioning.

Alex and Alex share practical tips on how to avoid overpaying, from negotiating renewal offers and exploring refinancing options, to re-amortizing for cash-flow relief, leveraging insurable mortgages, and even advanced tax strategies like debt swaps, cash damming, and the Smith Maneuver. They also break down the fine print around prepayment privileges, cashback offers, HELOC laddering, and why not all “low rates” are created equal.

Whether you’re a first-time buyer coming up on renewal or a seasoned homeowner trying to manage higher payments, this episode is packed with insights to help you protect your wallet and make smarter mortgage decisions.

Canada just cut rates by 0.25%—but what does that actually mean for your mortgage? Alex & Alex break down variable vs fixed (why your adjustable payment may drop ±$13 per $100k, and why fixed rates follow bond yields—not the overnight rate), plus the real-world timing on locking in as renewal offers in the high-3s start popping up. We also zoom out: GTA unemployment pushing toward 10%, rents easing nationally, August housing starts sliding, REIT redemption gates, and Ottawa’s latest “nation-building” announcements (from LNG to modular builds)… alongside a pause on the 2026 EV sales mandate. Clear, no-hype takeaways for homeowners, buyers, and investors navigating the reset.

In this special episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks welcome Mayor Brad West of Port Coquitlam. Known for his straight-talking, community-first leadership, Brad shares his journey from being elected at 23 to becoming one of B.C.’s most outspoken mayors.

We dive into the challenges facing municipalities today: the housing crisis, immigration pressures, white-collar crime, and the overreliance on real estate in B.C.’s economy. Mayor West opens up about authenticity in politics, lessons from community service, and why transparency matters more than ever. Plus, he gives us a behind-the-scenes look at upcoming events in Port Coquitlam, including the Terry Fox hometown celebration.

If you care about housing, leadership, or the future of Canadian cities, this is a must-listen conversation.

In Episode 53 of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks dive into the latest developments shaping Canada’s economy and housing market. They break down Canada’s shrinking GDP, the impact of U.S. tariffs on exports, and what’s really behind rumors of a Bank of Canada rate cut. The conversation also covers affordability challenges, the debate over 50-year amortizations, the Toronto condo market slump, Ponzi scheme allegations in real estate development, and the effects of shifting immigration policy. Plus, they discuss Crown Royal’s bottling move, EV battery plant troubles, and what declining home sales mean for buyers.

Social Links

https://www.instagram.com/canadianmortgageshow/

Episode 52 marks the one-year anniversary of The Canadian Mortgage Show, hosted by Alex Pang and Alex Shanks. Over the past 12 months, the show has tackled the biggest questions in Canadian housing, finance, and economics—and this episode is no different.

In this anniversary special, Alex and Alex reflect on their journey, the realities of running a podcast, and what lies ahead for Canada’s real estate market. They dive into:

Canada’s housing starts and why the numbers don’t tell the whole story

The growing gap in supply and demand—and why 3.2M new homes are needed

The collapse in pre-construction sales and what it means for developers

Cancelled listings and a sluggish resale market

The looming mortgage renewal shock hitting Canadians in 2025–26

Why youth unemployment and immigration pressures are reshaping the job market

Bank of Canada’s evolving mandate and the politics behind affordability

With a mix of market analysis, policy critique, and some behind-the-scenes laughs, this episode captures both the serious challenges and human side of Canada’s housing conversation.

If you’re invested in real estate, finance, or simply trying to make sense of Canada’s housing future, this episode is a must-listen.

Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang
Tiktok: https://www.tiktok.com/@alexpangmortgage/
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Alex Shanks
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In Episode 51 of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks break down the latest economic and housing updates shaping Canada’s financial landscape. From cooling inflation data and potential Bank of Canada rate cuts, to falling building permits and job losses across the country, the hosts highlight what these shifts mean for homeowners, investors, and everyday Canadians.

They also dive into big news in the mortgage industry, including Brookfield’s $2.9B acquisition of First National, CIBC overtaking Scotiabank in market cap, and an Ontario brokerage scandal involving $8M in missing trust funds. Plus, expect real talk about Canada’s weak productivity, red tape in innovation, and how everyday Canadians can stay financially resilient.

Whether you’re a homeowner, investor, or just trying to make sense of Canada’s economy, this episode gives you the insights you need to stay informed.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In this milestone 50th episode of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks unpack the latest economic, housing, and policy shifts shaping the Canadian market.

They dive into U.S. inflation data, new tariffs from the U.S. and China, and how these pressures spill into Canadian retail sales and the weakening Loonie. The discussion highlights where Canadians are pulling back on spending, why real estate activity has slowed, and why more investors are looking to U.S. stocks.

The hosts also cover:

Canada’s record-breaking decline in house prices and which regions have been hit hardest

Struggles in downtown condo and office markets as vacancy rates remain high

Credit card market share trends, with RBC, TD, and Canadian Tire among the leaders

Developer pushback against the foreign buyer ban, and the political challenges around lifting restrictions

A precedent-setting B.C. Supreme Court ruling on Aboriginal land claims and what it means for property rights

Alex’s “Pet Peeve” segment on why the mortgage industry should start recognizing crypto as a legitimate liquid asset

Practical strategies for buyers and sellers in today’s market, including how to navigate upsizing, downsizing, and leveraging tools like reverse mortgages

Whether you’re a homeowner, investor, or just keeping an eye on the Canadian economy, this episode provides timely insights on where things stand—and where they could be heading.

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In this episode of The Canadian Mortgage Show, hosts Alex Pang and Alex Shanks welcome Andrew Huang, Licensed Builder at Fairlands Custom Homes Ltd., for an in-depth look at the realities of building in Greater Vancouver and across BC. With over 20 years in the construction industry, Andrew shares his journey from working in commercial projects to specializing in custom homes, townhouses, and condo developments.

They cover:

The impact of BC’s stringent builder licensing and home warranty requirements.
Why self-build financing has become harder and how banks assess projects.
Long municipal permit delays and which areas are more “builder-friendly.”
The rise of small-scale multi-unit housing (SSMUH) and its limitations.
How rising labor, material, and development costs are shaping the market.
Why smaller developers are struggling — and how bigger players are snapping up stalled projects.
Lessons for homeowners on choosing the right builder and navigating the process from design to completion.
From policy changes and market trends to personal stories from the job site, this episode offers valuable insight for homeowners, investors, real estate professionals, and anyone curious about BC’s housing market.


Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks unpack the latest updates in Canada’s mortgage and housing market. They discuss why the Bank of Canada held rates steady, how looming tariffs could impact inflation, and where interest rates may be headed next.

From analyzing the ideal “healthy” mortgage rate to debating fixed vs. variable strategies, the hosts share practical insights for homeowners, buyers, and investors. They also explore the current buyer’s market in BC, the slowdown in new home sales, and the long‑term outlook for Canadian real estate.

Whether you’re renewing, buying your first home, or just following market trends, this episode gives you the tools to make informed decisions in today’s unpredictable housing market.

Podcast Social Links:

Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:

Alex Pang
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

Join Alex Pang and Alex Shanks as they welcome special guest Marc Alteman from Altman Financial Inc. to Episode 47 of The Canadian Mortgage Show. 

Marc, a private mortgage broker with nearly 15 years of experience, specializes in connecting individuals with direct private mortgage lenders for real estate transactions. This episode demystifies private lending, explaining its role as a "last line of defense" in mortgage financing for those who can't qualify with traditional banks due to factors like low credit scores or urgent financing needs. Marc clarifies common misconceptions, highlighting how the industry has grown into a multi-billion dollar sector with increased regulation since 2018, building public trust.

https://www.altemanfinancial.com/about

Podcast Social Links:
Website: https://canadianmortgageshow.com/
Instagram: https://www.instagram.com/canadianmortgageshow/
Facebook: https://www.facebook.com/canadianmortgageshow/

Follow Our Hosts:
Alex Pang 
Tiktok: https://www.tiktok.com/@alexpangmortgage/
Instagram: https://www.instagram.com/alexpangmortgage/

Alex Shanks 
Tiktok: https://www.tiktok.com/@mortgagemanagement/
Instagram: https://www.instagram.com/alexshanksmortgagemanagement/

This week, we're honoured to host the remarkable Victoria Fung from Oakwyn Realty Northwest. Victoria isn't just a second-generation realtor with a decade of experience; she's a former professional Muay Thai fighter whose competitive spirit and disciplined approach now powerfully serve her clients, especially in the sensitive areas of divorce sales and downsizers.

Tune in as Victoria shares how the resilience forged in the ring translates into real estate mastery, offering unparalleled insights into today's dynamic Canadian housing market. This isn't just about property; it's about strategy, strength, and securing your future.

Here’s a quick look at what you’ll learn:

Victoria Fung: From Muay Thai to Real Estate. Discover her unique journey and how fighting shaped her discipline.

Applying a Fighter's Discipline to Market Challenges. How competitive spirit and stress management are vital in real estate.

Current Market Trends: Jobs, Interest Rates & Buyer Behavior. Insights into economic factors influencing the housing market.

Navigating Pre-Sales, New Builds, and Development Fees. Essential information on the challenges and costs in new construction.

Real Estate as Investment vs. Lifestyle. A critical look at homeownership mindsets.

Specializing in Divorce Sales. Victoria's unique expertise in helping clients through difficult transitions.

Key Advice for Buyers and Sellers. Actionable strategies for success in today's market.

Victoria Fung's IG

In this episode, Alex Pang and Alex Shanks dig into what’s going on with Canada’s broader economic landscape and its influence on the mortgage market. They tackle the strengthening Canadian dollar, the disruptive impact of AI on the job market and corporate layoffs, and the government's approach to budgeting. They also touch on the current state of real estate transactions and interest rates. Whether you’re in real estate or just curious about the market, this episode’s got clear talk, solid stats, and real insights.

Here’s what you’ll get from this episode:

• The Canadian dollar's strengthening and implications for the economy
• The disruptive impact of AI on jobs and why companies are downsizing
• How government budgeting and spending influence the economic climate and real estate as an investment
• Current perspectives on interest rates and real estate transactions
• Insights into the broader economic trends affecting affordability

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Alex Pang - ‪@alexpangmortgage‬
Alex Shanks - ‪@AlexMortgageManagement‬

In this episode, Alex Pang and Alex Shanks dig into what’s going on with Canada’s housing market—think struggling developers, growing mortgage fraud, affordability headaches, and government slip-ups. They also chat about job openings, youth unemployment, and which provinces are seeing home prices climb. Whether you’re in real estate or just curious about the market, this episode’s got clear talk, solid stats, and real insights.

Here’s what you’ll get from this episode:

Why developers like Rhys Heritage Properties are going bust
What’s behind the rise in mortgage fraud across Canada
How higher interest rates and slower immigration are hitting demand
Hard numbers: Which provinces are seeing home values rise or fall
Youth unemployment struggles vs. job openings in smaller towns—what’s the deal?

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Alex Pang - ‪@alexpangmortgage‬
Alex Shanks - ‪@AlexMortgageManagement‬

In this episode, Alex Pang and Alex Shanks break down offset mortgages—a financial tool that could help you save thousands in interest and pay off your mortgage years ahead of schedule. But it's not for everyone...

Here’s what you’ll learn:

• What is an Offset Mortgage? How it works and how it compares to traditional mortgage + HELOC products
• Who Should Consider This Strategy? Ideal profiles for maximizing this mortgage setup
• How the Interest Really Works: Breaking down the mechanics of offsetting interest with your cash flow
• Pros and Cons:
  • Save thousands in interest
  • Pay off your mortgage faster
  • BUT: It only works if you’re disciplined with your spending
• The Best Offset Mortgage Products in Canada:
  • Manulife One
  • National Bank All-In-One
  • vs. Traditional setups like RBC Homeline, BMO Readiline, Scotia STEP, TD Flexline, CIBC Home Power Plan
• Red Flags: Why some people actually pay more over time despite using this setup

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks break down the storm clouds gathering over Canada’s real estate and economic future. From collapsing condo markets to historic debt levels and controversial government spending—this week pulls no punches.

Here’s what you’ll learn:

• Condo Crisis: Why sales are down 75% in Toronto and 37% in Vancouver—and what it means for future housing supply
• $85B in Real Estate Loans: Why developers are borrowing more than ever from Canadian banks
• Cancelled Projects Skyrocket: Pre-construction units going unsold and lenders pulling out—will your pre-sale survive?
• Record Debt, Record Risk: Household debt-to-income ratios and debt-to-GDP are at all-time highs
• 4.8 Million Homes Needed: CMHC says Canada needs to double its homebuilding pace to restore affordability
• Canadians Crushed by Rent: Nearly 40% of renters spend half their income on rent, many waiting for prices or rates to drop
• Canada Sends $20B to Ukraine while banning gas vehicles by 2035—how does this sit with voters?
• Conservatives Force GC Strategies to Pay Back $64M—and ban them for life from future government contracts
• Canadian Tire Recruiter Fined for charging thousands to foreign workers—again
• BC Updates & Uproar: Layoffs, BC Ferries turning to China, and Vancouver renames a street with an unpronounceable First Nations name

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• Alex Pang 
• Alex Shanks 

In this week’s episode, Alex Pang and Alex Shanks unpack the latest employment data, rental drama, and a growing storm of government mismanagement. Whether you’re a landlord, homebuyer, or just frustrated taxpayer—this one’s for you.

Here’s what you’ll learn:

• Why unemployment is spiking—especially for students—despite “steady” wage growth
• The professional tenant crisis in Ontario & BC and how platforms like OpenRoom.ca can protect landlords
• What happened to CRA’s promised income verification tool? Has it quietly disappeared?
• OSFI may scrap the mortgage stress test—what income-based lending caps could mean for affordability
• Why June 8th was Tax Freedom Day—and what that says about your hard-earned money
• Average asking rents drop year-over-year—but are still way up from 2-3 years ago
• The scandal around ArriveCan: $40M gone, 7-year vendor ban, but no one going to jail?
• Auditor General slams federal procurement as riddled with incompetence and corruption
• Case scenario: Upsizing in a down market using a refinance strategy
• Ontario recruiter fined for charging foreign workers thousands to work at Canadian Tire

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• Alex Pang 
• Alex Shanks 

In this week’s episode, Alex & Alex break down the latest Bank of Canada decision and what it means for your wallet. From rising fixed rates to rising credit delinquencies, we explore how Canadians are managing debt—and what’s coming next.

Here’s what you’ll learn:

• Why the Bank of Canada held the rate at 4.75% and what could trigger a cut in July
• The fixed-rate hike: what’s driving lenders to increase mortgage rates again
• 17% of first-time homebuyers missed a mortgage payment—what that says about affordability
• 1.4 million Canadians missed a credit payment in Q1—highest since 2009
• The BoC admits foreign students are displacing Canadian workers in low-skilled jobs
• Is the Canadian recession already here? Economists think so
• Desjardins warns more debt is coming—more than what we saw during the pandemic
• CMHC reveals why homeowners are really adding secondary suites (hint: it’s not for grandma)
• The downsizer dilemma: How a reverse mortgage can let seniors buy now and sell later

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• Alex Pang 
• Alex Shanks 

In this week’s episode, Alex & Alex unpack Canada’s worsening housing affordability crisis, new tax breaks for first-time buyers, and why big banks are cutting HELOC limits without notice. They also explore rising gas prices in BC and the controversial push to reopen the market to foreign real estate investors.

Here’s what you’ll learn:

• New GST relief for first-time homebuyers on homes up to $1M, with reduced GST on homes between $1M and $1.5M
• Carney’s 1% income tax cut for the lowest bracket, saving families up to $840 starting in 2026
• Rising unemployment among recent grads and why trades may be the safer path
• How long it now takes to save for a downpayment in Canada—and why affordability may not improve for 25 years
• Why some experts say Canada must let home prices fall to restore affordability
• TD’s recession forecast: 100,000 job losses ahead, layoffs at CRA and major banks
• Canada’s inflation drops to 1.7% after carbon tax pause—but core inflation remains high
• HELOC limits are being reduced or revoked by banks—how and why it’s happening
• Rennie lays off 25% of staff; Metro Vancouver condo inventory expected to surge 60%
• Gas prices in BC rise again despite carbon tax pause—what’s causing the spike
• BCREA economist argues for reopening to foreign buyers to fund new developments
• Concerns mount over growing standing inventory and stalled housing activity

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• Alex Pang 
• Alex Shanks 

In this week’s episode, Alex & Alex dive into Cash Damming—a powerful but lesser-known tax strategy that can help you turn personal debt into tax-deductible business debt. Whether you're a freelancer, landlord, or sole proprietor, this might be the financial play you've been overlooking.

Here’s what you’ll learn:

• What is Cash Damming? How this strategy legally converts personal debt into tax-deductible business debt
• Who can use it? Rental property owners, freelancers, and sole proprietors—find out if you qualify
• How it works: The step-by-step setup you need, including separate bank accounts and a personal line of credit
• The benefits: How you can speed up paying off your mortgage and write off loan interest
• The fine print: Why a clean credit score and long-term discipline are key, and what to watch for if you’re in a partnership or going through a breakup
• Real talk: This isn't a get-rich-quick scheme—it's a slow burn tax efficiency move that could save you thousands

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks unpack a whirlwind week of headlines—from a struggling jobs market to a newly reshuffled cabinet under PM Mark Carney. With major shifts in trade, real estate, and immigration policies, Episode 37 breaks down what matters most to Canadians trying to make sense of a chaotic spring.

Here’s what you’ll learn:

• Why April’s weak job numbers are pushing economists to bet on a June rate cut
• What Canada’s crumbling real estate market means for buyers still waiting on the sidelines
• How Mark Carney’s new cabinet reshuffle could signal a major policy pivot—especially on housing and pipelines
• Why Robertson says prices don’t need to fall to solve the housing crisis (and why many disagree)
• The UK's radical immigration overhaul—should Canada do the same?
• What a missing federal budget in 2025 could mean for investors, ratings, and future stability
• Honda's big EV delay, Bell’s $32M reversal, and why Canadian Tire just bought Hudson’s Bay
• What the Bank of Canada is warning about tariffs—and how they could spiral into a financial storm
• Why 6,000 grocery items are getting a “T” label, and what it means for your grocery bill

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks break down the latest waves rocking Canada’s economy, housing market, and political scene. From thousands of job losses in Oshawa to tighter immigration caps and ballooning mortgage risks, we unpack what’s happening—and what might hit next. Plus: BC’s fourth credit downgrade, Poilievre’s by-election setup, and the rise of the “Longest Ballot” movement.

Here’s what you’ll learn:

• GM cuts 3,000 jobs in Oshawa, while credit card and auto arrears spike among renters
• Carney plans to cap temp workers and international students below 5% of the population by 2027
• GTA home sales fall 23% in April, listings surge, and condo prices expected to drop another 10%
• Despite rising rates, mortgage defaults stay low—but 80% of Canada’s mortgages sit with Big 7 banks, and amortizations are stretching dangerously
• Business insolvencies are finally declining—but economic anxiety remains high
• BC gets hit with a fourth credit downgrade and tightens enforcement on Airbnb listings
• Municipalities question short-term rental rules as tourism slows and inventory climbs
• Fraser Institute warns Carney’s fiscal path could bring higher debt and future tax hikes
• Pierre Poilievre sets up a by-election in Alberta after MP resigns—6 months before qualifying for a pension
• “The Longest Ballot” movement plans to flood Poilievre’s riding with over 200 candidates
• A riding in Ontario flips to the Liberals by just 29 votes, boosting their minority to 169 seats

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks unpack a whirlwind week in Canadian politics and public life—from the Lapu Lapu Festival tragedy in Vancouver to a historic federal election that reshaped the political map. With Mark Carney’s surprise comeback, the NDP’s collapse, and economic red flags piling up, we ask: where is Canada headed?

Here’s what you’ll learn:

• What happened at the Lapu Lapu Festival—and what it reveals about mental health and public safety
• How the Liberals pulled off a minority win—and why another election could come sooner than you think
• Why Pierre Poilievre keeps his leadership despite losing his seat—and how young and union voters helped reshape the map
• Jagmeet Singh’s resignation and the NDP’s fall—from 18% to just 6% of the vote
• Rising Western alienation, Alberta’s referendum law, and the growing calls for separation
• Why economists warn of a deeper recession—despite falling inflation and upcoming rate cuts
• The crash of Toronto’s condo market—and what it signals for Canada’s housing future
• Is foreign investment the key to reviving real estate? The debate heats up
• Why breaking your mortgage may no longer make financial sense

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• Alex Pang 
• Alex Shanks 

In this episode, we welcome Matt Backett, a seasoned wealth advisor with nearly two decades of experience helping Canadians navigate financial uncertainty. From volatile markets and rising interest rates to the generational wealth transfer reshaping real estate, Matt breaks down how to stay calm, build a plan, and invest with confidence. 

We tackle:

• Why more Canadians are pulling out of real estate
• The emotional traps that derail DIY investors
• How to prep your kids (or grandkids) to buy a home without wrecking your retirement
• What government policies and election outcomes might mean for your wallet
• Why “buy low, sell high” is easier said than done—and how to actually do it

Follow Our Guest

• Matt Beckett

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks return to unpack one of the most critical moments in Canada’s political landscape as the 2025 election looms large. From Pierre Poilievre’s bold promises to Mark Carney’s controversial financial past, Episode 33 dives deep into the campaign trail chaos, early voting buzz, and the policies that could reshape Canada’s future. Whether you’re a first-time voter or a longtime political watcher, this is an unfiltered, no-spin conversation about what’s really going on behind the headlines. 

Here’s what you’ll learn:

• Why over 2 million Canadians showed up to vote early—and what that might mean for the final result
• The truth behind pencil ballots and the legal right to bring your own pen
• Why Pierre Poilievre’s name might be hard to find on his own riding’s ballot
• What’s actually in Pierre’s housing plan—and whether 2.3 million homes in 5 years is even possible
• Mark Carney’s offshore business links and how they connect to his green platform
• Why cutting federal and provincial taxes on Canadian-made cars could change the auto industry
• The risks of municipalities losing revenue if development fees are cut—and what that means for housing supply
• Whether Carney’s prefab housing plan helps Canadians—or his own bottom line
• Why business leaders are backing Conservatives—and what the agri-food industry’s silence might suggest
• What a 25% cut to bureaucracy would look like under a Conservative government
• How social media outrage, misinformation, and partisan anger are shaping voter behaviour
• Why some retired police officers are calling for Liberal expulsions over national security concerns
• What $130 billion in proposed new spending would really do to Canada’s national debt
• And the controversial "home equity tax" Carney is eyeing—and who it could hit the hardest

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks sit down with Trenton Poy, longtime political insider and founder of Mountain View Insurance. With nearly four decades of political involvement, Trenton brings a grounded, behind-the-scenes perspective on how elections work, why your vote matters more than ever, and how housing, taxation, and federal policy are impacting Canadians across the board.

Here’s what you’ll learn:

• Why Trenton got involved in politics at 14—and why he says you should too
• How federal leaders’ housing promises stack up against historical realities
• Whether removing GST for homebuyers will make any real difference
• The truth about municipal development fees and inflated home prices
• Why government-built housing rarely works—and what should be done instead
• Which ridings will decide the 2025 election (and how BC and Alberta now rival Quebec in influence)
• The risks of political apathy and misinformation in a social media world
• Trenton’s message to first-time voters—and what he’d say to anyone giving up on the system

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks return with an explosive episode of The Canadian Mortgage Show, discussing the latest from the upcoming federal election, tariffs, and new housing plans.

Here’s what you’ll learn:

• BC Premier David Eby’s desperate move to bring real estate speculators back into the market
• Vancouver’s “Condo King” Bob Rennie’s bold proposal with Mark Carney to attract foreign investment for rental properties
• Mark Carney’s controversial $35B plan to build 500K homes per year
• Pierre Poilievre’s tax cuts, including a Reinvestment Tax Cut and a promise to help trades workers with tax write-offs
• Pierre’s new mandatory life sentences for mass gun smuggling, human trafficking, and fentanyl trafficking
• Carney’s meeting with Trump and the ongoing relationship between Canada and the U.S.
• The resignation of Liberal MP Paul Chiang after controversial comments on Tory candidate Joe Tay
• Real estate market updates on housing sales and prices in Toronto, Vancouver, and Montreal
• BC’s new carbon tax and the Speculation and Vacancy Tax
• The shocking $500M mortgage fraud scandal in BC—no criminal charges yet!

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• Alex Pang 
• Alex Shanks 

In this episode Alex Pang and Alex Shanks return with another explosive episode of The Canadian Mortgage Show, breaking down the chaos as Mark Carney officially calls a federal election for April 28th. The race is tight, the promises are flying, and the fallout from the U.S. tariff war is hitting Canada hard—jobs are being lost, home sales are slowing, and prices are dipping nationwide.

Here’s what you’ll learn:

• What Mark Carney and Pierre Poilievre are promising for homebuyers, taxes, and the economy
• Why Carney skipped the French debate, and why Poilievre is gaining ground with key demographics
• The massive layoffs hitting RBC and Canada’s manufacturing sectors
• Trudeau’s last move: capping NSF fees and protecting consumers
• How U.S. tariffs are already affecting Canada’s steel, auto, and banking industries
• Real estate market updates across Toronto, Vancouver, Montreal, and BC
• BC’s carbon tax gets scrapped, and the Speculation and Vacancy Tax is rising
• BC's shocking $500M mortgage fraud scandal—and no criminal charges?!

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• Alex Pang 
• Alex Shanks 

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 

In this episode I sit down with Tuan Luong, a seasoned commercial mortgage broker and founder of Bluestone Capital, to break down how commercial real estate is shifting—and why savvy investors are making the switch from residential to commercial properties.

With rising tariffs, changing market conditions, and more financing options than you think, commercial real estate is opening huge opportunities for investors. Tuan shares insider strategies, industry trends, and financing secrets that can help you get started or scale up your portfolio.

🚀 What You’ll Learn:
✔️ Why big players are still thriving—while small developers struggle
✔️ How rising tariffs and construction costs are reshaping the market
✔️ The shift from residential rentals to commercial properties—what investors need to know
✔️ Creative financing strategies like vendor take-back loans & joint ventures
✔️ The truth about commercial property cash flow & long-term value

Follow Our Host 

• Alex Pang 
• Alex Shanks 

Follow Our Guest 

• Tuan Luong
  • Bluestone Capital

 In this episode, Alex Pang and Alex Shanks cover the latest earthquake in BC, Trudeau’s $81K grocery bill, and the March 4th tariff impact on interest rates. Plus, we discuss Ontario’s bold response to US tariffs, the Calgary housing slowdown, and how BC’s power shortage is stalling new developments. 

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• Alex Pang 
• Alex Shanks 

 In this episode, Alex Pang and Alex Shanks cover the latest trade war escalation, how tariffs could push Canada into recession, and the Bank of Canada’s dire warning. We also dive into RBC’s aggressive mortgage renewal push, the rising age of first-time homebuyers, and Ontario’s higher education crisis as universities slash programs.

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• Alex Pang 
• Alex Shanks 

 In this episode, Alex Pang and Alex Shanks break down the latest inflation spike, why fixed mortgage rates are climbing, and how rents are finally dropping in certain markets. We also cover a Toronto real estate insurance scam caught on camera, Canada’s $40B high-speed rail plan, and the shocking Delta plane crash in Toronto.

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• Alex Pang 
• Alex Shanks 

 n this episode, Alex Pang and Alex Shanks break down Trump’s latest tariff threats, the devastating impact on Canada’s economy, and how homebuyers are getting burned by the presale market. We also cover the Big 6 Banks’ latest rate forecasts, a wild MP pay raise, and the housing crisis in Jasper. 

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks break down the rapidly escalating trade war between the US, Canada, and Mexico—and how it’s about to shake up the economy. We also discuss the Bank of Canada’s potential emergency rate cuts, Trudeau’s call to cancel US travel, and the Wall Street Journal’s brutal take on the tariffs.

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks dive into the Bank of Canada’s latest rate cut, Canada’s response to Trump’s tariffs, and new forecasts on housing demand. Plus, we break down the TD Bank shake-up, the Liberal leadership race, and crucial tax planning tips for homeowners, investors, and business owners. 

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• Alex Pang 
• Alex Shanks 

 In this episode, Alex Pang and Alex Shanks discuss major political and economic shifts, from Mark Carney & Chrystia Freeland’s surprising carbon tax reversal to BC’s new short-term rental registry. Plus, we break down how Trump’s 25% tariff on Canada & Mexico could impact trade, inflation, and interest rates. 

00:00 - Intro 
3:30 - Carbon Tax Debate
8:31 - Short Term Rental Regulations in BC
12:12 - Landlord and Tenant Dynamics
17:30 - Inflation and Interest Rates Overview
27:07 - Telecommunications and Competition in Canada
29:12 - Impact on Trump's Tariffs on Canada
32:50 - Electric Vehicles: Myths and Realitites 
36:36 - Potential Economic Consequences of a Trade War
39:44 - The TikTok Controversy and Data Privacy 
44:43 - Consumer Rights and Corporate Accountability 
Unionization and Job Security in the Modern Economy 
49:43 - Outro 

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• Alex Pang 
• Alex Shanks 

 In this episode, Alex Pang and Alex Shanks unpack the latest updates from Canada’s Big 6 Banks on rate forecasts, a surge in Montreal’s real estate market, and troubling news about Canadian household debt. Plus, we discuss property tax hikes, unemployment changes, and what’s happening with the Liberal leadership race.

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• Alex Pang 
• Alex Shanks 

 In this episode, Alex Pang and Alex Shanks discuss the latest updates on Canada’s capital gains tax changes, budget cuts, and the state of the economy. Plus, we dive into controversial proposals like Canada becoming the 51st state and bold ideas to address population growth.

2:57 - Canada's Capital Gains and Its effects
6:06 - Government Budget Cuts and Public Sector Layoffs
8:59 - Trudeau's Resgination and Reshaping of the Political Landscape
11:58 - Real Estate Market Dynamics and Homeownership
15:00 -  Financial Literacy and Consumer Protection
18:06 - CRA Enforcment and Tax Compliance
20:57 - Auto Financing and Consumer Debt Issues
28:03 - Gig Economy and Tax Implications
30:05 - Canada's Economic Contraction and Recession Reality
32:07 - Trump's Influence on Canada and Economic Policies
34:08 - Universal Healthcare and Taxation Concerns
35:49 - The Impact of Birth Rates on Society
38:01 - Governemnt Incentives for Families and Their Effectivness
39:51 - The Mortgage Renewal Cliff and Its consequences

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• Alex Pang 
• Alex Shanks 

 In this pivotal episode, Alex Pang and Alex Shanks break down the political shakeup following Justin Trudeau’s resignation as Prime Minister, the latest economic updates, and the impact on Canada’s housing and financial markets. Get the inside scoop on what this means for Canadians in 2025.

00:01 -  Holiday Reflections and Gaming Nostalgia
4:09 - Political Turmoil: Truduea's Resignation
10:01 - Government Changes and Economic Implications 
16:08 -  Mortgage Market Dynamics and CRA Updates
24:47 -  Interest Rates And How It Impacts the Economy
30:54 -  Inflation Trends and Consumer Impact
34:34 - The State of Banking and Competition in Canada
37:47 - New Tax Regulations and Their Effects
40:41 - Forecasting Housing Market Trends for 2025

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks discuss the Bank of Canada’s unexpected rate cut, falling rent prices, government deficit concerns, and the latest banking scandal. We also answer viewer questions and share a special holiday message to our listeners. 

• Bank of Canada Surprises with a 50 bps Rate Cut
• Unemployment Hits 6.8%
• Investors Dominate BC’s Housing Market
• Rent Prices Hit a 15-Month Low
• Government Fallout & Policy Changes
• Upcoming Secondary Suite Loan Program
• Latest Banking Scandal

We want to take a moment to thank all our listeners for supporting The Canadian Mortgage Show! Whether you agree with our opinions or not, we appreciate being part of your financial journey.

Shout-out: Special thanks to CodeBun for editing and producing the show — you make us look and sound great!

We’re taking a holiday break and will return on January 9th. Until then, we wish you all a Merry Christmas & Happy New Year! See you in 2025!

 In this episode, Alex Pang and Alex Shanks cover everything from skyrocketing home prices in Canada’s biggest cities to evolving mortgage rules, Trump’s surprising comments, and what to expect from the Bank of Canada’s next rate announcement. 

• Least Affordable Cities in North America
• GTA Housing Market Update
• Mortgage Rule Tightening
• Fixed Rate Mortgages & Bond Yields
• Mortgage Renewal Cost Projections
• Trump’s Bold Statement About Canada
• Dec 11th Bank of Canada Rate Announcement

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks are joined by Gavin Webb, a Portfolio Manager and Certified Financial Planner at Acumen Capital Partners. Gavin shares his expertise on retirement, estate, and tax planning, diving into key financial strategies for Canadians navigating today’s economic landscape.

•  Trump’s Presidency and Canada 
• Interest Rates and Market Trends
•  Preparing for a Recession 
•  Saving for a Down Payment 
•  Investment vs. Mortgage Payoff 
•  Investment Property vs. Stock Market 
•  Estate Planning Tips 

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang and Alex Shanks dive into October’s market updates, big policy announcements, and viewer questions. From rising home sales to Trump’s latest plans, we explore how these changes impact Canadians and the broader economy.

• October Housing Market Update
• Interest Rate Outlook
• Immigration, GST Holidays, and Government Moves
• From December 14 to February 15, the federal government is removing GST on the following items:
  • Restaurant meals, snacks, and alcohol (under 7% ABV).
  • Toys, video game consoles, and Christmas trees.
  • Children’s clothing, shoes, car seats, and diapers.
• Chrystia Freeland calls this a move to fight the "vibecession":
  • A term describing the public’s negative perception of the economy, despite data suggesting otherwise.
• $250 cheques for those with incomes under $150K – will these measures earn the Liberals your vote?
• What about removing the carbon tax altogether to save even more?
• BC Developer in Receivership
  • Developer Thind enters receivership with $305M in debt, impacting multiple projects in the Lower Mainland.
  • Is this the beginning of a trend? More developers could be in trouble soon.
• Trump Wins US Election
  • Markets rally as Trump promises:
    • Corporate tax cuts.
    • Reduced government spending.
• Trump appoints Elon Musk and Vivek Ramaswamy to lead his Department of Government Efficiency (DOGE):
  • Discussing partnerships with Argentina’s Javier Millei to cut government waste.
  • Can Canada learn from this? Who would be in our DOGE – Kevin O'Leary? Jim Pattison?
• Tariffs incoming:
  • 10% on goods from China.
  • 25% on goods from Mexico and Canada until action is taken on drugs and illegal migration.
  • Potential impacts on the Canadian dollar and trade.

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• Alex Pang 
• Alex Shanks 

In this episode, Alex Pang interviews Dylan Taylor, a real estate lawyer at Dawson Mullin Law, to discuss everything you need to know about the legal side of real estate. From navigating the sales and purchase process to avoiding common pitfalls, Dylan shares his expertise and insights to help buyers, sellers, and industry professionals alike.

Topics Covered

• The Power of Social Media in Real Estate Law
• Lawyer vs. Notary for Real Estate Transactions
• Unforgettable Moments in Real Estate
• Choosing Real Estate Law
• Advice for Buyers and Sellers
• Friday Closings: Why They’re a Bad Idea
• Trends and Challenges in Real Estate

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• Alex Pang 
• Alex Shanks 

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• Dylan Taylor

How to Get Into Your First Home

• What’s the first step in the homebuying journey?
• Should you talk to a realtor or a broker/bank first?

Understanding the Mortgage Process

• A high-level overview of what getting a mortgage looks like from start to finish.
• Does a credit check affect you?
  • Breaking down how credit inquiries work during the mortgage application process.

Income Types and Mortgage Approval

• How do different types of income (e.g., salaried, self-employed, commission) impact your mortgage application?

First-Time Homebuyer Benefits

• What perks and programs are available to first-time buyers?
  • Accounts to use: Exploring the FHSA and RRSP to maximize your savings.
  • Insured vs. Conventional Mortgages: What’s the difference, and what happens with properties over $1M?

Conditions and Down Payment Explained

• What are subjects and conditions when putting in an offer?
  • Learn how to protect yourself in a deal.
• Deposit vs. Down Payment: Understanding the difference and what’s required.

Common Questions About Buying a Home

• Can you finance a new vehicle while applying for a mortgage?
  • The potential risks of taking on new debt.
• Should you buy your “forever home” or just get into the market?
• The pros and cons of each approach.

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• Alex Pang
• Alex Shanks

In this episode, Alex Pang and Alex Shanks discuss the latest developments across Canada and beyond, including the BC election results, shocking revelations about CRA’s lack of oversight, and updates on the housing market. Dive into these timely topics and their implications for Canadians.

Topics Covered

BC Election Results

• The NDP wins the BC election with a slim majority, securing 47 seats, while the Conservatives take 44 seats and the Greens hold 2 seats.
• This marks the first time in BC history that the NDP has won a third consecutive term.
• Final results were declared a week after polls closed and mail-in ballots were counted.

Ontario’s Medical School Ban on International Students

• Starting in 2026, Ontario plans to ban international students from attending medical school.
• 95% of medical school spots will be reserved for Ontario residents, with the remaining 5% open to students from other parts of Canada.

Greater Vancouver Food Bank Limits

• The Greater Vancouver Food Bank announced it will no longer serve first-year international students.
• Federal rules require international students to have $20,635 saved up, in addition to tuition and travel costs, to study in Canada.
• Food bank usage among BC post-secondary students has more than doubled from 2019 to 2023.

CRA Scandal: $40M Fraud

• A Canadian taxpayer defrauded the CRA by falsely amending tax returns, claiming over $40M in refunds.
• The CRA began issuing payments without verification, only realizing the fraud after CIBC flagged a $10M deposit.
• CBC's Fifth Estate investigation revealed CRA lacked policies to scrutinize unusually large refunds.
• Policies have since been updated to include extra checks for refunds over $50K.

Bloq Quebecois and No-Confidence Vote

• The Bloq Quebecois plans to call for a no-confidence vote in the Liberal government.
• The party will attempt to convince the NDP to join them in triggering an election.

Pierre Poilievre’s GST Promise

• Pierre Poilievre announced that the Conservatives, if elected, will remove GST on new construction under $1 million.
• How will this impact housing affordability and development?

US Election & Market Reactions

• The US Election will take place on November 5th. By the time this episode goes live, the next President will be announced.
• Speculations on how the results could impact financial markets.

Rate Update

• No major changes since the BOC rate cut.
• Fixed rates remain stable, but if you're locked into a fixed rate of 5.50% or higher, it may be worth considering breaking your mortgage.
  
  Follow Our Hosts:
  • Alex Pang
  • Alex Shanks

 In this episode, Alex Pang and Alex Shanks dive into the latest updates affecting Canadian homeowners, from significant interest rate cuts to impactful tax rulings and political developments. Find out how these changes might affect your mortgage and the housing market.

Topics Covered:

• Bank of Canada Cuts Rates by 50 bps
• Tax Court of Canada Ruling on Airbnb Rentals
• BC Election Update
• Rumors Surrounding Liberal Party Leadership
• Federal Government Reduces Permanent Resident Intake

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• Alex Pang
• Alex Shanks

 In this episode, Alex Pang and Alex Shanks cover a range of important economic updates, including Canada’s improving unemployment rate, inflation trends, banking scandals, and global financial news. Stay tuned for in-depth discussions on what these developments mean for Canadians and the broader financial landscape.

Topics Covered:

• Canada's Unemployment Rate and Wage Growth
• Inflation Trends
• Big Bank Predictions for Interest Rate Cuts
• TD Bank’s $3 Billion Fine in the US
• China’s Crackdown on Foreign Wealth
• Evergrande Real Estate Collapse
• Political Developments in Canada
• BC Election Update

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• Alex Pang
• Alex Shanks

In this episode, Alex Pang and Alex Shanks break down significant changes announced by the government regarding insured refinances, bond yields, and the volatile geopolitical climate.

Topics Covered:

• Government to Allow Insured Refinances at 90% Loan-to-Value (LTV) Starting January 2025
• Government Plans to Tax Vacant Land
• Bond Yields and Rate Predictions
• Geopolitical Unrest and Its Impact on Canada

Tune in for an in-depth discussion of these critical issues affecting homeowners, investors, and the Canadian housing market.

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• Alex Pang
• Alex Shanks

Episode Description:
In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks discuss the latest updates impacting homebuyers and mortgage holders in Canada. From OSFI’s removal of the stress test for uninsured mortgage renewals to new government deals for affordable housing in BC, and the details of the $1.5M insured mortgage cap for first-time homebuyers—there’s a lot to unpack. They also answer listener questions in the Viewer Mailbag segment. Don’t miss out on the insights that could save you thousands on your next mortgage or home purchase!

Topics Covered:

1. OSFI Removes Stress Test for Uninsured Mortgage Renewals (Effective Nov 21st)
2. BC Government Partners with First Nations for Affordable Housing Development
3. Insured Mortgage Cap Raised to $1.5M for First-Time Homebuyers
4. BC’s Record-Low Fertility Rate & Canada’s Demographic Decline
5. Bill C-71 – Citizenship Act Amendment

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Alex Pang  - ‪@alexpangmortgage‬ 
Alex Shanks - @alexshanksmortgagemanagement

In this episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks break down the latest economic and political shake-ups in Canada. From rising unemployment to looming interest rate cuts, and the potential collapse of the Liberal-NDP coalition, we cover it all. What does this mean for the real estate market and Canadian homebuyers? Tune in to find out!

Topics Covered:
Unemployment Hits 6.6% in August:

• Canada’s unemployment rate rose to 6.6%, with youth unemployment spiking to 14.5%.
• Discussion on how mass immigration and low-wage Temporary Foreign Workers (TFWs) are driving this trend.
• Little evidence of widespread layoffs, but with rapid population growth and minimal economic expansion, is this a warning sign?

Interest Rate Predictions:

• The Bank of Canada is expected to continue cutting rates, with a 50 bps cut on the table for October 23rd.
• We could see 5-year fixed rates at 3.99% soon (insured) and conventional 5-year fixed with a 3-handle by spring or early summer.

Political Drama: Jagmeet Singh Ends Coalition with the Liberals:

• What does the collapse of the Liberal-NDP coalition mean for Canada?
• Pierre Poilievre accuses Singh of holding out just to qualify for his pension, leading to the nickname "Sellout Singh."
• The NDP’s sudden opposition to the carbon tax could trigger an election this fall.
• The Bloc Quebecois is already making demands in exchange for their support, asking for taxpayer money to flow to Quebec.

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• Alex Pang 
• Alex Shanks 

In this exciting fifth episode of The Canadian Mortgage Show, we welcome our very first guest, Hasan Juma, a well-known real estate expert. Together with Alex Pang and Alex Shanks, we dive deep into the housing crisis in British Columbia, exploring the key challenges in improving affordability, the role of immigration and infrastructure, and current trends in real estate investment. We also tackle the ongoing debate around rent control and its far-reaching implications.

Topics Covered:

• Challenges in Improving Housing Affordability in BC
• Role of Immigration and Infrastructure in Housing
• Current Trends in Real Estate Investment
• The Debate on Rent Control and Its Implications

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• Alex Pang 
• Alex Shanks 
• Guest: Hasan Juma 

In this emergency episode of The Canadian Mortgage Show, Alex Pang and Alex Shanks dive into the breaking news surrounding Canada's new mortgage rules and the U.S. Federal Reserve's major rate cut. 

We discuss the expansion of insured mortgages to 30 years for first-time buyers, the increase in the mortgage cap to $1.5M, and how these changes might drive debt and inflation higher. We also cover the latest on Canada's inflation rate and whether the Bank of Canada will follow the U.S. Fed in cutting rates.

Resources Mentioned:

• CMHC’s updated insured mortgage guidelines
• Bank of Canada monetary report 2024

 Our Hosts:

• Alex Pang 
• Alex Shanks 

In this episode, we dive into the big issues facing Canada’s economy and housing market: from temporary foreign workers (TFWs) and rising unemployment rates to the sharp decline in new condo developments. We explore the long-term impact on Canada’s workforce and housing, and how government policies are shaping the future of employment and real estate.

Topics Covered:

1. Canada Cutting Back on Temporary Foreign Workers (TFWs):
   • Canada is reducing the number of low-wage TFWs to address high unemployment rates among immigrants and young people.
   • Sectors with 6%+ unemployment won’t be allowed to hire TFWs, except for food security, construction, and healthcare sectors.
   • TFW program changes include limiting TFWs to 1-year contracts and capping employers from hiring more than 10% of their workforce through the program.
2. Unemployment Statistics:
   • Newcomer unemployment at 11.6% and youth unemployment (ages 15-24) at 13.5%—the highest in a decade.
   • A growing crisis highlighted by the UN calling Canada’s TFW program "a breeding ground for modern-day slavery."
3. The Strain on Housing:
   • Not enough housing for the influx of TFWs.
   • Canada holds the highest number of TFWs in the G7, with job fairs overwhelmed by applicants struggling to find work.
4. New Developments Dropping Off a Cliff:
   • In July 2024, only 266 pre-construction condos were sold compared to a 10-year average of 2000 units.
   • Appraisals are falling short, while development fees are rising. Burnaby, for example, increased development fees to $50K per unit after receiving $80M from the federal government for the Housing Accelerator Fund.
5. The Future of Condo Development:
   • Developers may shift to subscription-based models, building rental units instead of condos for sale to capitalize on easy, long-term revenue gains.

Key Takeaways:

• Canada's TFW program is being scaled back to address unemployment, but the housing shortage for these workers remains a serious issue.
• New condo developments have hit record lows, with developers potentially shifting towards rental projects.
• Rising development fees and appraisals coming in short are further hindering real estate growth.

Resources Mentioned:

• Arpan Khanna's video on the immigration crisis (MP for Conservatives in Oxford, ON)
  Watch on X (Twitter)

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• Alex Pang 
• Alex Shanks 

In this episode, we dive into the effects of rent control on the housing market in BC and Ontario. With BC capping rent increases at 3% for 2025 and recent rulings allowing a 23.5% hike, we explore whether rent control is solving or worsening the housing crisis. We also look at Argentina’s bold decision to remove rent control and the surprising results.

What We Covered:

• BC Rent Cap of 3% in 2025:
  What does this mean for landlords and tenants moving forward?
• Recent 23.5% Rent Increase Ruling:
  We discuss the reasons behind the ruling and its impact on the rental market.
• Should We Abolish Rent Control?
  Arguments against rent control, including its impact on supply, maintenance, and rental costs, and the potential political fallout of removing it.
• Argentina’s Success Story:
  After removing rent control, Argentina saw housing supply increase by 212%, rents drop by 26%, and mortgage costs fall by 30%.

Key Takeaways:

• Rent control may worsen housing affordability by reducing supply.
• Argentina’s removal of rent control shows promising results.

Resources Mentioned:

• BC Rent Cap Details
• Global Studies on Rent Control
• Argentina's Rent Control Reform

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• Alex Pang 
• Alex Shanks

Episode Description:
Welcome to the very first episode of The Canadian Mortgage Show! In this episode, we dive into the current state of the Canadian economy and how it impacts your mortgage decisions. We discuss the latest news on inflation, the recent rate cuts by the Bank of Canada, and what’s forecasted for the remainder of the year. Plus, we explore refinancing opportunities for those with higher interest mortgages.

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• Alex Pang 
• Alex Shanks