The Loonie Hour

Today, we're joined by Fraser Matthews, CEO of Netcoins, to discuss the rise of stablecoins, their impact on the banking system, and the future of digital payments. Are stablecoins an existential threat to traditional banks or the railways and bridges connecting traditional finance and the on-chain economy? We also tackle Canada's struggling housing market, stubborn inflation, rising bond yields, and the growing risks facing financial markets.

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Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
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https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
04:02 Canada's Housing Market Outlook
11:49 Introducing the Future of Finance
12:48 Fraser Matthews Joins The Show
20:44 Stablecoin Regulation and Adoption
21:44 What Are Stablecoins?
23:13 Why Stablecoins Matter
24:53 Are Stablecoins a Threat to Banks?
29:57 Stablecoins and US Treasury Demand
32:58 Crypto and Money Laundering Concerns
44:13 The Battle for Bank Deposits
47:13 The Future of Stablecoins
52:41 Canadian Stablecoin Developments
55:30 Tokenized Stocks and Financial Markets
56:49 AI Agents and Programmable Money
01:04:10 The Growing Threat to Commercial Banks
01:06:50 Inflation Surprises to the Upside
01:09:21 Bond Market Risks
01:11:11 Could Bonds Stage a Rally?

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #crypto

British Columbia is facing a record $13.8 billion budget deficit, mounting tax pressures, and a struggling housing market. With the October 24 election approaching, we sit down with B.C. Conservative Leader Lorne Doerkson to discuss the province's fiscal challenges, the NDP's tax policies, housing affordability, stalled development, the rampant crime and drug use, and the future of investment in British Columbia. We also examine the political shakeup in Quebec, rising global bond yields, mounting concerns over government debt, and the Canadian dollar's weakness against the U.S. dollar. Could higher long-term interest rates put even more pressure on Canada's economy and housing market?

Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!

Get Your Tickets Here:
Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341

Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
07:17 British Columbia's Political and Economic Outlook
13:29 Lorne Doerkson Joins The Show
22:48 B.C.'s Record Deficit and Tax Policies
24:49 Infrastructure Spending and Government Priorities
26:37 Unsold Condos and B.C.'s Housing Crisis
30:39 Construction Costs and Housing Affordability
35:07 Natural Resources and Investment in B.C.
40:46 Crime, Drugs, and Public Safety
47:10 B.C. Election Takeaways
48:30 Quebec's Political Shakeup
53:10 Population Growth and Immigration
54:58 The Loonie Hour Live Events
57:10 Global Bond Yields Continue to Rise
01:03:41 Government Debt and Rising Borrowing Costs
01:07:37 Canadian Dollar Under Pressure
01:14:02 Market Volatility and Investor Positioning
01:18:12 Closing Remarks

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #britishcolumbia

Bond markets are deteriorating rapidly as yields rise and credit spreads begin to widen across the U.S., Canada, Europe, and Japan. We discuss what tightening financial conditions could mean for housing, equities, the broader economy, as well as the possibility that a short-term recovery in bonds could ultimately prove to be a bear trap. Meanwhile, B.C.’s condo market continues to struggle with thousands of completed and unsold units as developers face mounting pressure. We also discuss Canada’s debt maturity schedule, Saskatchewan's push toward nuclear power, taxes and talent retention, and the renewed debate over immigration and temporary foreign workers.

Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!

Get Your Tickets Here:
Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341

Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
04:28 Loonie Hour Investor Series
07:26 B.C. Election & David Eby’s Condo Tax
10:40 Taxing Unsold New Condos
12:31 B.C.’s Growing Condo Inventory
14:39 Developers Cutting Prices & Raising Commissions
16:19 Why Developers Can’t Simply Slash Prices
18:02 Bond Stress Meets the Housing Market
19:49 Loonie Hour Investor Series
21:39 The Global Bond Selloff
23:08 High-Yield Credit Spreads Are Moving
26:12 Is a Bond Market Recovery a Bear Trap?
27:52 Tightening Financial Conditions
30:42 Bond Market Warning Signals
33:55 U.S. Economy Complicates the Rate Outlook
36:59 Canada’s Coming Debt Maturity Wall
38:29 Canada Reshapes Its Debt Profile
40:17 Why U.S. and Canadian Bond Yields Differ
45:22 Canada Still Doesn’t Have a Budget
46:58 Saskatchewan Pushes Nuclear Power
50:04 Canada’s Changing Energy Policy
51:25 High Taxes & Canadian NHL Teams
53:45 Canada’s Talent Retention Problem
54:25 Property Tax Freeze for Seniors
56:00 Generational Inequality in Canada
56:22 Canada’s Immigration Debate Returns
01:01:18 Ottawa & Montreal Events

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #bondmarket

Today, we'll break down the renewed surge in global bond yields and what it could mean for interest rates, mortgages, housing, and the broader economy. Long-term yields are climbing across central banks globally, putting renewered pressure on borrowing costs just as households and businesses faces further challenges. We also discuss Canada's slowing population growth and rental market, mounting stress in US housing and multifamily real estate, weakness beneath the surface of the US consumer, and why companies like McDonald's are warning that sticky, elevated food inflation and flat customer traffic are the "new normal".

Join Us for The Loonie Hour Investor Series — Live in Ottawa with Ben Rabidoux on October 13th, and Live in Montreal on October 15th!

Get Your Tickets Here:
Ottawa - https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341

Montreal - https://www.eventbrite.com/e/montreal-the-loonie-hour-investor-series-october-15th-tickets-2000498679402

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Check Out True North Mortgage's 40-Year Amortization Plan:
Visit https://www.truenorthmortgage.ca/ today!

Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
07:09 BC Election & Canadian Politics
18:18 Canada’s Population Growth Slows
24:44 Canada’s Rental Market & Long-Term Interest Rates
25:05 Global Bond Yields Surge
29:34 Bond Market & Mortgage Rates
35:09 Canadian Mortgage Rates Move Higher
36:23 US Housing Market Problems
37:17 US Multifamily Debt Crisis
40:20 Loonie Hour Investor Series
43:31 Bank of Canada Rate Hikes
49:11 Mortgage Renewals & Higher Rates
51:05 Energy Prices Are Getting Worse
53:59 US Diesel Export Ban
58:06 Stock Market Warning Signs
01:01:00 McDonald’s, Inflation & Consumer Weakness
01:03:14 US Consumer Confidence Plunges
01:06:03 The Big Mac Index & Inflation

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #inflation

Central banks are turning increasingly hawkish as an escalating global energy crisis keeps inflation under pressure. We'll break down why policymakers are committing to higher interest rates even as the underlying inflation problem is increasingly driven by energy supply. They discuss the latest moves from the Fed and European central banks, rising global bond yields, surging oil and fuel costs, and what it could mean for Canadian mortgage rates. Meanwhile, Canada’s housing market remains frozen, with national home sales falling to their lowest year-to-date level since 2003.

Join Us For The Loonie Hour Investor Series - With Ben Rabidoux, Live In Ottawa on October 13th!

Get Your Tickets Here:
https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ben-rabidoux-october-13th-tickets-2000313438341

Start an investment portfolio that's built to perform with Neighbourhood Holdings!
For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokers
For Investors and Advisors: https://www.neighbourhood.com/looniehour

Check Out True North Mortgage's 40-Year Amortization Plan:
Visit https://www.truenorthmortgage.ca/ today!

Schedule an exploration call with IceCap Asset Management: https://icecapassetmanagement.com/contact/

✉️ Media & Real Estate Inquiries: steve@stevesaretsky.com

Stay up to date with our information -
📫 My Real Estate Substack:
https://stevesaretsky.substack.com
📫 The Loonie Hour Substack:
https://looniehour.substack.com/about

📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour

🎙️ Listen to the Podcast on Your Preferred Platform:
https://linktr.ee/looniehour

Timestamps:
00:00 Introduction
06:52 Canada Housing Hits a 23-Year Low
09:34 Housing Inventory & Cancelled Listings
11:11 Housing Starts Keep Falling
13:18 What Happened to the 500,000 Homes?
14:03 Should Canada Keep the Foreign Buyer Ban?
18:38 Canada’s Massive Investment Push
20:16 Canada Cuts Investment Taxes
22:55 Breaking Down the $500B Investment Commitment
24:53 Where Are the Foreign Investors?
27:13 Canada’s Biggest New Investment Projects
30:27 Did Trump Force Canada to Change Course?
34:24 Canada Embraces Energy Again
38:04 Why Investment Will Take Years to Materialize
42:26 Central Banks Turn Hawkish
46:22 Could the Bank of Canada Raise Rates?
48:02 Higher Rates Won’t Fix Energy Inflation
51:00 Global Bond Markets Under Pressure
56:12 The Global Energy Crisis Deepens
58:43 The World Is Running Out of Energy Capacity
01:01:07 Oil Tanker Costs Explode
01:02:19 Canadian Mortgage Rates Under Pressure
01:05:06 Mortgage Arrears Hit a Decade High
01:06:18 Canada & the European Union
01:09:49 Canada Already Has an EU Trade Deal
01:11:03 Europe’s Sovereign Debt Risks
01:12:28 Would Canadians Actually Move to Europe?

Disclaimer:
The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.

#LoonieHour #macroeconomics #centralbank