Episode 210: Capital Gains Tax Hike Delay, Mortgage Challenges, and Economic Projections

Ontario Mortgage & Real Estate Insights Podcast

In this episode, we explore the delay and potential cancellation of the capital gains tax hike. We discuss Canadian entrepreneurs' incentives, the secondary suite refinancing program, and mortgage options with banks and smaller lenders. Challenges in Ontario's mortgage applications and affordability, the role of brokers, and the Bank of Canada's rate cut impact are examined. We also cover housing costs' effects on economic growth, supply increases, potential U.S. trade war implications, construction activity, condo market outlook, GDP trends, U.S. tariffs on Canada, and the Bank of Canada's monetary policy and housing initiatives in Lakeshore. (0:00) Introduction and Sponsor Message (0:41) Delay and Potential Cancellation of Capital Gains Tax Hike (2:02) Canadian Entrepreneurs’ Incentive and Secondary Suite Refinancing Program Updates (3:32) Mortgage Refinancing Options with Banks and Smaller Lenders (5:03) Mortgage Application Challenges and Affordability Issues in Ontario (6:23) Role of Brokers and Impact of Bank of Canada's Rate Cut on Mortgages (8:02) Housing Costs' Effects on Economic Growth and Population Mobility (11:16) Increasing Housing Supply and Potential U.S. Trade War Implications (12:49) Construction Activity, Condo Market Outlook, and GDP Trends (15:01) Economic Projections and U.S. Tariffs' Impact on Canadian Economy (16:26) Bank of Canada's Monetary Policy and Government Housing Initiatives in Lakeshore