Episode Highlights

Welcome to the latest episode of Make Money Count! In this episode, we discuss Donald Trump’s return to the U.S. presidency and what it could mean for Canada’s real estate market, mortgage rates, and economy. With close economic ties, U.S. policies under Trump will have ripple effects on Canada.

Impact of Trump’s Economic Policies

Trump’s agenda to cut government spending and increase American productivity is already driving up bond yields in both the U.S. and Canada. Marcus discusses how this can impact the housing market and mortgage rates.

Bond Yields and Mortgage Rates

Rising bond yields in the U.S. are also impacting Canadian bond yields. When U.S. Treasury yields climb, Canadian yields often follow. We explore how those are intertwined and what it means for interest rates.

Canada’s Path Forward

As mentioned in our previous podcast, Canada may need to prioritize boosting its own productivity and unlocking natural resources. This shift could present an opportunity for Canada to enhance its economic strength.

We’ll continue to keep you informed as the situation develops. If you have any questions or want to discuss how these shifts might affect your real estate or mortgage plans, don’t hesitate to reach out to us!