• 60: Market Update - Renewal Cliff, Stargate, Tariffs

  • Jan 31 2025
  • Durée: 15 min
  • Podcast

60: Market Update - Renewal Cliff, Stargate, Tariffs

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  • Résumé

  • In this episode, I am back with another "Market Update" solo show, where I go over some of the latest news in mortgage tech in Canada.

    In this episode I cover: → The upcoming "renewal cliff" in the Canadian mortgage market, where over 50% of mortgages will be up for renewal in the next two years, presenting both challenges and opportunities for mortgage professionals. → The $500 billion investment initiative called Stargate, led by companies like OpenAI, NVIDIA, and Oracle, aimed at developing advanced artificial intelligence (AI) and achieving Artificial General Intelligence (AGI), and what you can do to be ready for this tech. → The potential impact of a 25% tariff from the US and Canada's retaliation, which could force the Bank of Canada to raise the overnight rate by 300 basis points, or 3%.

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    CONNECT

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    ***

    SAY THANKS

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    ***
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