Welcome to the latest episode of Make Money Count! Economic uncertainty is growing across North America, with big changes on the way. Donald Trump’s proposed tariffs and Canada’s Liberal leadership race are shaking up the financial world. For Canadians, these shifts could impact both the housing market and the overall economy—bringing both risks and opportunities.

Episode Highlights

Trump’s Tariffs: What’s at Stake?

Donald Trump’s proposed 25% tariff on Canadian goods will disrupt trade and drive up costs. This will also lead to potential slowdowns for key industries like steel and autopart manufacturing and increased uncertainty in the housing market. With mortgage rates and home values possibly at risk, how can you stay ahead of these changes?

Canada’s Liberal Leadership Race: A New Economic Direction?

With Canada’s Liberal leadership race underway, potential policy changes could reshape inflation control, mortgage regulations, and housing affordability. New proposals may impact lending, investor confidence, and even Bank of Canada rate decisions. How will this shift affect homeowners and investors?

Manufacturing at Home: Can Canada Compete?

With the looming threat of tariffs ahead, it may be time for Canada to focus on building more manufacturing at home rather than supplying the U.S. with our resources. In the past, we offered companies cash incentives to keep their operations in Canada, but it may make more sense to find alternative incentives to encourage more manufacturing. Listen now for Marcus’ insights on this subject.

With trade uncertainties, political shifts, and economic challenges ahead, financial literacy and strategic planning have never been more important. At Cannect, we’re committed to helping you navigate these changes with smart mortgage and investment solutions.

Have questions? Reach out today for a free consultation and let’s discuss your best options.

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