Steve Saretsky
@SteveSaretsky
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Real Estate aficionado. Vancouver Realtor & investor. Host of The Loonie Hour podcast.
Vancouver, BC
Joined March 2010
In only 3 years the Eby government turned a $6 billion budget surplus into an $11B deficit. The $17B turnaround in just three years ranks as the most dramatic reversal in BC history.
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Sonya Savage is one of the smartest energy minds in the country. This is worth a read.
1/There are folks on X characterizing the MOU between Ottawa and AB as a sell-out, but having spent 19 yrs in the pipeline industry, government, and law - 9 of them working on Northern Gateway - I don’t see it that way. The MOU is a win for the Premier and for Alberta. ⬇️
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Household consumption in Canada fell 0.4% in Q3, its worst quarterly performance since the pandemic.
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Really soft 🇨🇦 payroll employment data this morning...-58k m/m Wild divergence between Canada's two main employment surveys. Payrolls now flat y/y...something that never happens outside of recessions. Private sector employment down 0.3% y/y
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More and more of Canada's youth are falling out of the labour force.
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I’ve never seen so many people distraught over taxes NOT being increased. May you live in interesting times.
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Just 25 new condo sales in the city of Toronto last month. A population of more than 3 million.
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🚨🚨MAJOR BREAKING BC RESIDENTS ARE SUING THE EBY GOVERNMENT IN A CLASS-ACTION LAWSUIT claiming they THEY LIED about the Cowichan land claim, and that they continued to collect property taxes KNOWING the land title wasn't secure or marketable
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Another month, another record low for new home sales in the GTA.
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CMHC has paused $129M in housing accelerator dollars as city of Calgary attempts to repeal zoning changes.
globalnews.ca
Calgary city council is preparing to debate a motion that calls for the repeal of the citywide rezoning policy in December, which would require a public hearing in the spring.
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The official poverty line for a family of four in 2024 is $140K. Why $100K is the new poor. Required reading from @profplum99
https://t.co/anJ7dTXGYn
yesigiveafig.com
How a Broken Benchmark Quietly Broke America
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Elizabeth May's tanker ban claims are false as is much of the hysteria. Insightful read.
thehub.ca
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CBC reporting that Carney and Danielle Smith have agreed to a memorandum of understanding that would give Alberta special exemptions from federal environmental laws and offer political support to a new oil pipeline to the B.C. coast. Details coming Thursday.
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Loonie Hour investor series with @BenRabidoux in Toronto. Macro, housing, and portfolio strategy with @IceCapGlobal. Few ticks left
eventbrite.com
Presentations on the Canadian housing market, global economies & markets, and investment strategies to protect and grow your wealth.
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LeHomes Realty, who changed thier name from New Coast Realty after previous scandals, fined for non-compliance relating to money laundering and terrorism.
dailyhive.com
A Vancouver real estate brokerage was hit with a fine of nearly $150,000 for associations to money laundering and terrorism.
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Only 13% of Canadians list “climate change and the environment” among their top three issues. Among Conservatives it is just 4%. But even among Liberal supporters it only reaches 18%. @DavidColetto
https://t.co/2jfC49Xq7E
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Westbank is being sued by a former consultant who says he was offered the job of CEO and promised a large bonus. The litigation appears to shed new light on financial stresses at Westbank.
bloomberg.com
Westbank Projects Corp., one of Vancouver’s top real estate developers, is being sued by a former consultant who says he was offered the job of CEO and promised a large bonus — until a real estate...
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Alaska First Nations Tribe claims they are “Aboriginal Peoples of Canada” and wants a say over Canada’s natural resource development. Had enough yet?
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