Housing Affordability, First-time Buyer Aid, and Mortgage Trends

In this episode, the welcome and introduction lead into a sponsor message from Real Approved Inc. The discussion begins by addressing the housing affordability crisis and its economic implications. Government initiatives and opportunities for first-time buyers are explored. Insights from the Canadian Mortgage Summit are shared, alongside trends in mortgage arrears. The episode covers regulatory actions, focusing on the RECO and iPro Realty case. CMHC's stance on bank risks in residential construction is examined. The episode concludes with closing remarks and a reminder from the sponsor, Real Approved Inc.