The Loonie Hour
Episodes
The Ontario Real Estate Bailout Has Begun- w/ guest Ben Rabidoux
27 Mar 2026
Contributed by Lukas
Will the Bank of Canada raise rates three times this year? Stagflation risks are growing. Will energy prices provoke a global recession. Ontario gover...
Will Canada Ever Build Another Pipeline? W/ guest John Carruthers
20 Mar 2026
Contributed by Lukas
We interview pipeline expert John Carruthers who spent 10 years and $600M only to have Northern Gateway pipeline cancelled. We also discuss the war i...
Oil Prices Are Surging — Is Inflation Next?
13 Mar 2026
Contributed by Lukas
Oil tops $100, prompting fears of an energy crisis. Fertilizer prices have jumped nearly 80%. How bad will the next wave of inflation be?OSFI flags ap...
Are Property Rights in Vancouver at Risk? - w/ guest Tom Isaac
06 Mar 2026
Contributed by Lukas
The Federal government enters into a rights agreement with the Musqueam First Nations covering most of Metro Vancouver. What are the implications? We ...
A War of Attrition — Missiles, Oil, and Global Power
03 Mar 2026
Contributed by Lukas
Doomberg joins the show to discuss the conflict in the Persian Gulf. We discuss the implications for defense systems, oil and gas markets, and the Chi...
From Condos to Credit: The Cracks Are Widening
27 Feb 2026
Contributed by Lukas
Toronto new condo sales fall to lowest levels since 1981. The private credit crunch is accelerating with SAAS stocks plunging. Electricity consumption...
Canada's Productivity Crisis is Suffocating the Economy- w/guest Trevor Tombe
20 Feb 2026
Contributed by Lukas
We are joined by economist and policy advisor Trevor Tombe to discuss Canada's productivity crisis, the urgency to harness our natural resources a...
Canada Has Failed to Uphold Private Property Rights- w/ guest Tom Isaac
13 Feb 2026
Contributed by Lukas
First Nations lawyer Tom Isaac joins the show to discuss the perils of DRIPA, and the missteps of the BC government in protecting private property ri...
Precious Metals, Crypto, and the SAAS Crash
06 Feb 2026
Contributed by Lukas
Precious metals, and crypto are crashing. Ai is now threatening SAAS valuations. This is all putting pressure on private credit markets. Is the US ec...
Central Banks Push Back Against Rate Cuts
30 Jan 2026
Contributed by Lukas
The Bank of Canada holds rates. The Fed turns hawkish. Gold and commodities ripping higher as geopolitical risks intensify. The International Monetary...
Canada Cuts Trade Deal with China
23 Jan 2026
Contributed by Lukas
Carney cuts a deal with China, deviating away from US policy. The World Economic Forum kicks off with heated speeches. Canadian food inflation acceler...
The Cost of Living Crisis- w/guest David Chilton
16 Jan 2026
Contributed by Lukas
David Chilton, author of 'The Wealthy Barber' joins the pod. We discuss housing, the cost of living, and how Canadians can get ahead. Postgame...
Will Canadian Oil be Replaced by Venezuela?
09 Jan 2026
Contributed by Lukas
Trump captures Maduro, plans to reinvigorate Venezuela oil. What are the impacts on Canadian oil? US National security implications, critical minerals...
Precious Metals Screaming Higher into 2026
02 Jan 2026
Contributed by Lukas
Gold jumped more than 60% over the past year, and silver is now ripping higher. A warning sign for 2026? Good intentions gone bad, First Nations reco...
Canada's House Price Declines Should Continue in 2026
26 Dec 2025
Contributed by Lukas
Toronto new home sales fall to lowest levels on records for the year. The Federal Government wants to bring foreign buyers back. The boys make their 2...
Canada Records Sharpest Population Decline in 80 Years
19 Dec 2025
Contributed by Lukas
Canada's population shrinks for the first time in years. Vacancies surge. House prices are still falling, now down 21% from the peak. Private cred...
Fed Cuts Rates, Brings Back QE Stimulus- w/ guest Jim Iuorio
12 Dec 2025
Contributed by Lukas
Canada's largest brokerage calls for falling home prices in 2026. Fed starts buying short term treasuries and says it's not QE. We are joined ...
Is Canada on the Verge of a Commodities Boom? - w/ guest Heather Exner-Pirot
05 Dec 2025
Contributed by Lukas
What does the Alberta MOU really mean? Tanker bans. Nutrien potash terminal derails BC’s Eby. Alberta poised for Ai power centers. Bank of Canada an...
Carney & Alberta Reach a Deal for an Oil Pipeline
28 Nov 2025
Contributed by Lukas
Carney and Smith sign a memorandum of understanding on a pipeline. Saskatchewan signs potash agreement. Toronto new home sales slow to near zero. Are ...
The Housing Bust Isn't Over Yet
21 Nov 2025
Contributed by Lukas
Home prices are still moving lower despite home sales improving. Canada inflation data steady. Risk assets selling off. Bond yields surging in Japan, ...
Can Canada's Auto Sector Survive?
14 Nov 2025
Contributed by Lukas
We are joined by guest Brian Kingston, President and CEO of the Canadian Vehicle Manufacturers’ Association. Tariffs, China EV's, and Canada'...
Canada's $78B Fiscal Bazooka - w/ guest Sean Speer
07 Nov 2025
Contributed by Lukas
Housing slump continues. Tensions flare over First Nations land claims. Carney's $78B fiscal bazooka drops. Can the budget fix what ails Canada? ...
Bank of Canada Warns of Structural Decline
31 Oct 2025
Contributed by Lukas
Bank of Canada and the Fed cut rates by 25bps. BoC warns of lower living standards. Richmond First Nations dispute causing financing issues. Bill Gate...
Inflation Rebounds Ahead of Bank of Canada Decision
25 Oct 2025
Contributed by Lukas
Inflation ticked higher than expected in September. Market odds favor another rate cut. First Nation land ruling. Layoff announcements accelerate. Glo...
The Death Knell for the Canadian Auto Sector
17 Oct 2025
Contributed by Lukas
Stellantis moves Jeep production to the US. Asking Rents continue to fall across Canada. The wealth gap widens. Powell suggests an end to quantitativ...
The Great Debasement Trade Continues
10 Oct 2025
Contributed by Lukas
Gold surges to new highs. Toronto home prices plunge 25%. New Zealand panic cuts. Germany proposes to boost the retirement age. French government turb...
Canada's Fiscal Bazooka Will Triple Budget Deficits
03 Oct 2025
Contributed by Lukas
Development has slowed to zero in Toronto. Canada's cumulative deficits will exceed $360B over the next four years. Eby vows to block any new Albe...
The Bull Market Isn't Over Yet- w/guest Michael Nicoletos
26 Sep 2025
Contributed by Lukas
Global liquidity continues to ramp higher. Why the demand for US assets continues to grow. The growing role of stablecoins and crypto that could help ...
Bank of Canada Slashes Rates Ahead of Massive Federal Budget
19 Sep 2025
Contributed by Lukas
The BoC and the Fed both cut rates this week, signalling more easing ahead. Housing troubles persist. Federal budget gets delayed. China coal consumpt...
The Race to Zero Resumes, Markets Bet on More Rate Cuts
12 Sep 2025
Contributed by Lukas
Rate cuts coming next week in Canada and the US. Labour markets weakening. Backlash grows against temporary foreign workers. US inflation softens. No ...
Gold Surges on Looming Rate Cuts
05 Sep 2025
Contributed by Lukas
Canada GDP contracts in Q2. Population growth slows to zero in BC & Ontario. Foreign workers face political backlash. Gold surges to new highs ami...
Elbows Down, IMF Bailouts Coming to a Country Near You?
29 Aug 2025
Contributed by Lukas
Canada removes counter-tariffs on the US. The Bank of Canada says they will start looking at house price inflation. France and the UK warn of potentia...
Canada's Housing Markets are Flooded with Rental Supply
22 Aug 2025
Contributed by Lukas
The Condo crash goes mainstream. Rental supply is flooding major metros across Canada. CPI inflation falls on lower gas prices and removal of carbon t...
The UK Debt Spiral—A Cautionary Tale for Canada w/guest Liam Halligan
15 Aug 2025
Contributed by Lukas
The UK fiscal crisis is worsening, sending bond yields higher. Governments refuse to reduce spending, and are increasing taxes further. Is this a caut...
Is the US Economy Finally Rolling Over?
08 Aug 2025
Contributed by Lukas
Trump fires the head of the BLS after job revisions. Weak data out of the US prompts further calls for rate cuts. Tariff revenue could match corporate...
Governments Pleading With Central Banks to Cut Rates
01 Aug 2025
Contributed by Lukas
Bank of Canada Holds rates again. Powell refuses to cut rates despite political pressures. US GDP comes in stronger than expected. Real Estate develop...
Another Wave of Inflation? w/ guest Pierre Poilievre
25 Jul 2025
Contributed by Lukas
Big fiscal deficits, trade wars, immigration, and monetary debasement with guest Pierre Poilievre. We discuss the outlook for Canadian energy, taxes, ...
Inflation Derails Further Rate Cuts from the Bank of Canada
18 Jul 2025
Contributed by Lukas
Inflation trending higher. Bank of Canada on the sidelines. Bitcoin and Gold surge higher amidst fiat debasement. Sovereign debt markets in distress....
Immigration Curbs Pushing Rents Lower Across the Country
11 Jul 2025
Contributed by Lukas
Canada's housing agency flags falling rents, scales back construction financing. Ontario sheds 10,000 college jobs as immigration curbs bite. Carn...
The Fiscal Bazooka is Coming
04 Jul 2025
Contributed by Lukas
The big beautiful bill passes, ensuring the next wave of fiscal stimulus. Financial markets are betting on a much looser interest rate policy. Will go...
Canada’s Energy Crossroads: A Deep Dive with Heather Exner-Pirot
27 Jun 2025
Contributed by Lukas
Can Ottawa unleash Canada's energy sector? NATO and the race for rare earth metals. Bill C-5 and what it means for new energy projects. The Loonie...
Canada's Population Growth Falls to Zero
20 Jun 2025
Contributed by Lukas
Canada just reported the third lowest quarter for population growth since the 1950s. Rents falling as rental housing construction remains elevated. Na...
The Canadian Housing Bust- w/ Ben Rabidoux | Loonie Hour Road Trip Episode 192
13 Jun 2025
Contributed by Lukas
Is Canada’s red-hot real-estate machine finally seizing up? In this road-trip edition of The Loonie Hour (Ep. 192) we roll with housing analyst Ben ...
Bank of Canada Puts Rate Cuts on Hold
06 Jun 2025
Contributed by Lukas
The Bank of Canada holds rates again, markets price out further cuts. Home sales tank in Vancouver, inventory surges in the GTA for the month of May. ...
We Have a Crisis in the Toronto Condo Market
30 May 2025
Contributed by Lukas
Pre-sale condos slump to levels last seen in the 1990's. Job losses pick up momentum. Bank earnings suggest more credit losses expected. Will the Bank...
Governments Have Lost Control of the Bond Market
23 May 2025
Contributed by Lukas
Core inflation jumps in Canada, potentially delaying rate cuts. Bond vigilantes take control of the bond market. Canada Pension Plan pulls the plug on...
Job Layoffs Mounting in the Real Estate Sector
16 May 2025
Contributed by Lukas
Carney's cabinet ministers spark controversy. Honda delays its $15B EV project in Canada, humiliating policy makers. Inflation falls, and bond yi...
Canadian Banks Forecast Steep Declines in the Condo Market
09 May 2025
Contributed by Lukas
Price declines continue in Canada's condo market. Central Banks will have to do QE once again. Carney heads to the White House. The UK and China c...
Liberal Victory Sparks Alberta Separation Anxiety
02 May 2025
Contributed by Lukas
Mark Carney elected as PM fuels speculation of Alberta separation. Trade agreement with Trump might come quicker than expected. Spain and Portugal bec...
Canadians Head to the Polls in Record Numbers- w/guest Mainstreet Research
25 Apr 2025
Contributed by Lukas
Record 7 million Canadians voted during advance polls. What are the key battleground areas? Can the Conservatives surprise pollsters and pull off a v...
Building Canada Into an Energy Superpower- w/ guest Doomberg
18 Apr 2025
Contributed by Lukas
Canada inflation cools in March. Bank of Canada holds rates, signaling more uncertainty ahead. Will Mark Carney really unleash the Canadian energy sec...
Financial Markets in Turmoil Ahead of Canadian Elections
11 Apr 2025
Contributed by Lukas
Stocks and Bonds down. Trump panics and pauses tariffs for 90 days. Is a China currency devaluation imminent? We also cover the upcoming federal elect...
The Tariff War is Escalating Towards a New Monetary System
04 Apr 2025
Contributed by Lukas
The tariff war goes global, what are the implications for various countries and the financial system? Stocks down, bonds up. Rate cut expectations inc...
Canadian Business Confidence Plunges to Decade Lows
28 Mar 2025
Contributed by Lukas
Small businesses in Canada have never been more downbeat. Tariffs hit the auto sector hard. Is a recession part of the Trump fiscal plan? Bond yield...
The Changing World Order is Here- w/ guest Brent Johnson
21 Mar 2025
Contributed by Lukas
How President Trump upended the world order and his strategy behind it. PM Carney to call an election this week. Canada CPI surges more than expected....
Bank of Canada Abandons Inflation Mandate
14 Mar 2025
Contributed by Lukas
Bank of Canada cuts rates again citing new crisis, and expects higher prices. Mark Carney is anointed the next Prime Minister. The carbon tax isn't ...
Tariff Volatility Roils Markets
07 Mar 2025
Contributed by Lukas
Tariff volatility continues, freezing business investment. Housing slump deepens in Vancouver & Toronto. Germany unveils the fiscal bazooka, along...
Canadian Banks Brace for Mortgage Renewal Wall
28 Feb 2025
Contributed by Lukas
Canadian bank earnings reported modestly higher loan loss provisions, despite a wave of renewals coming. Tariffs talks are ramping back up with the US...
Bank of Canada Will Have to Choose Between Inflation or Housing
21 Feb 2025
Contributed by Lukas
Canadian CPI moved higher, setting up a squeeze higher this summer. High Speed Rail to Quebec? Universal Basic Income making a comeback in Canada. Ent...
Canadian Jobs Market is Weaker Than You Think
14 Feb 2025
Contributed by Lukas
Immigration outflows are not being fully counted by stats Canada, making the labour market appear stronger than it is. Banks are now writing 100% LTV ...
Canada's Fentanyl Crisis & Corruption- w/guest Sam Cooper
07 Feb 2025
Contributed by Lukas
Canada's top investigative reporter and fentanyl expert Sam Cooper joins the show. How bad is the fentanyl problem, what does Trump want to ...
Tariff Wars in Canada- w/ guest Danielle Smith
31 Jan 2025
Contributed by Lukas
We are joined by Alberta Premier Danielle Smith to discuss trade negotiations, the currency, and our natural resources. The Bank of Canada cuts rates ...
Political Turmoil as Public Sentiment Swings to the Right
24 Jan 2025
Contributed by Lukas
Canada's CPI inflation slowed in December. Will inflation perk up again this year? The bond market says one more rate cut for the Bank of Canada. Poli...
Are Tariffs Looming on Canadian Oil?
17 Jan 2025
Contributed by Lukas
Alberta refuses to sign on with Trudeau's proposed retaliatory tariffs. Toronto new condo sales hit 28 year lows as property taxes surge. Is Mark Carn...
Trudeau Resigns, Leaving Parliament Frozen for Months- w/guest Kate Harrison
10 Jan 2025
Contributed by Lukas
Unpacking the Trudeau prorogation. When will the next federal election be? Budget deficit is likely larger than $62B. Canadian oil exports to the US h...
Wild & Unexpected Predictions for 2025
03 Jan 2025
Contributed by Lukas
Bond yields will tumble amidst debt deflation in China, propelling lower mortgage rates in Canada and higher house prices. The US stock market will se...
Sovereign Debt Markets Facing Turmoil in 2025?
27 Dec 2024
Contributed by Lukas
Bond yields rising as central banks cut rates. Canadian housing faces rising defaults in new construction space. China’s bond market flashes red...
Chaos in Ottawa! Budget Deficit Explodes to $62B
20 Dec 2024
Contributed by Lukas
Finance minister Freeland resigns, Trudeau government hangs in the balance. Budget deficit explodes to $62B, surpassing the fiscal guardrails. The Loo...
Bank of Canada will Keep Cutting Rates into Falling Loonie- w/ guest Ben Rabidoux
13 Dec 2024
Contributed by Lukas
Bank of Canada slashes rates by another 50bps. The Labour market is getting worse. The Fed might be done cutting rates later this year but the BoC isn...
Toronto Condo Completions are Heading to Zero by 2030
06 Dec 2024
Contributed by Lukas
Housing sales plunging means no new housing by 2030. Former BoC governor Poloz says we are in a recession. Canadian businesses struggling with Canada ...
Canadian Energy Sector Faces Trump Tariffs - w/ guest Heather Exner-Pirot
29 Nov 2024
Contributed by Lukas
Vibecession in Canada. Jobs not keeping pace with immigration. Emissions cap and Trump tariffs, what is the fate of the Canadian energy sector? GST ho...
Real Estate Developers are Failing at an Alarming Rate
22 Nov 2024
Contributed by Lukas
Developer Insolvencies Surge to 10 year high. Private Credit funds shut the gates. Inflation ticks higher, stoking concerns for the Bank of Canada. No...
Canadian Pensions Facing Financial Repression
15 Nov 2024
Contributed by Lukas
The Canadian dollar continues to weaken. Canada Pension plans gets political, potentially locking capital in Canada. The German economy continues to s...
How Canada's Immigration System Imploded- w/ guest Mikal skuterud
08 Nov 2024
Contributed by Lukas
Canada's immigration demise was years in the making. Trump gets back to the White House, what are the market implications? Stocks, crypto and bond yi...
The Canadian Dollar Falls to a Four Year Low
01 Nov 2024
Contributed by Lukas
The Canadian dollar has tumbled to its lowest levels in 4 years. Canada GDP slows, sets the stage for another rate cut from the Bank of Canada. US ele...
Bank of Canada Delivers Jumbo Rate Cut- w/ guest Tian Yang
25 Oct 2024
Contributed by Lukas
The Bank of Canada delivered a 50bps rate cut and signalled more to come. The Bond market hasn't budged. Money is still flowing out of China as the ec...
Financial Markets Anticipate the Next Round of Easy Money
18 Oct 2024
Contributed by Lukas
Canada CPI falls well below expectations, sets up a jumbo rate cut next week. European Central bank slashes rates again. Stocks, the USD dollar, and g...
Bond Yields, Oil Prices, and Inflation Moving Higher as Central Banks Cut Rates
11 Oct 2024
Contributed by Lukas
The Federal government proposes an empty land tax. Former BoC deputy governor says 50bps cut is coming. Oil prices move higher along with long term b...
The Race to Zero, Liquidity Measures Turning Higher
04 Oct 2024
Contributed by Lukas
Central banks are aggressively easing and liquidity measures are turning up. Geopolitical conflict is ramping up, putting upwards pressure on oil pric...
Central Banks are Panicking to Inject Liquidity
27 Sep 2024
Contributed by Lukas
OSFI removes mortgage stress test on renewals. The BC Government will help you buy a home. Has Canadian energy peaked? Microsoft bets big on Nuclear e...
Feds Prop Up Housing Bubble with Jumbo Mortgages- w/ guest Ron Butler
20 Sep 2024
Contributed by Lukas
The federal government shocks the market by pushing CMHC insured mortgages up to $1.5M. The Bank of Canada finally gets inflation back down to 2%. The...
The Canadian Labour Market Continues to Deteriorate
13 Sep 2024
Contributed by Lukas
The unemployment rate moves higher. Rental and housing market continues to soften. The ECB cuts rates, more to come as the German economy weakens. US ...
Bank of Canada Cuts, Rents Fall, and the NDP pulls the plug on Trudeau Bank of Canada Cuts, Rents Fall, and the NDP pulls the plug on Trudeau
06 Sep 2024
Contributed by Lukas
The BoC cuts rates again, cautions home prices could rise. NDP kills the coalition with the liberal government, is a federal election coming soon? Ren...
The Federal Government Pulls a U-Turn on Immigration
30 Aug 2024
Contributed by Lukas
The Liberal government says they will change the temporary foreign worker program to slow immigration further. More signs of a weakening labour market...
Fixing the Housing & Immigration Crisis- w/ guest Dr. Mike Moffatt
23 Aug 2024
Contributed by Lukas
Canada CPI inflation comes in lower, cementing another rate cut from the Bank of Canada. Economist and political insider Dr. Mike Moffatt explains how...
Canada’s Foreign Worker Program a Breeding Ground for Modern Slavery?
16 Aug 2024
Contributed by Lukas
The UN accuses Canada's foreign worker program as modern slavery. The feds will convert these low skill immigrants to permanent residency status. Real...
Bank of Japan Rate Hike Sends Financial Markets into a Panic
09 Aug 2024
Contributed by Lukas
The Yen carry trade blows up after BoJ announces surprise rate hike. Markets call for immediate rate cuts. AirBnb data in Canada suggests governments ...
The Politics of Climate Change in Canada w/ guest David Knight Legg
02 Aug 2024
Contributed by Lukas
Was the devastation of Jasper National Park avoidable? Who's to blame? What ails the Canadian economy, and how to cut the green tape. Lowering emissio...
Bank of Canada Cuts Rates, Signals More to Come
26 Jul 2024
Contributed by Lukas
The BoC cut rates, highlighting excess supply and concerns over a weakening labour market. The Canadian dollar continues to weaken, with more rate cut...
Markets Calling for More Rate Cuts from the Bank of Canada
19 Jul 2024
Contributed by Lukas
Twinkie bets are live! Markets are calling for a rate cut next week and more to come. Lagging shelter inflation could bring CPI even lower. More pain...
An Exodus of Capital Threatens the Chinese Economy- W/ guest Michael Nicoletos
12 Jul 2024
Contributed by Lukas
Foreign direct investment has turned negative in China as capital leaves. The property market is wobbling and threatens to bring deflation to the rest...
The Housing Bubble Is Slowly Deflating
05 Jul 2024
Contributed by Lukas
Home sales in Vancouver & Toronto plummet. Policy makers are doubling down on bad policy. Stories of financial stress are mounting. ISM services i...
Rent Inflation is Squeezing the Bank of Canada
28 Jun 2024
Contributed by Lukas
Rent inflation surged pushing the CPI basket higher. The Liberals lose an important by election in Toronto. Will JT resign? Toronto new home sales fal...
Record Short Position on the Canadian Dollar
21 Jun 2024
Contributed by Lukas
Cities are taking housing accelerator funds and then raising development fees to crush supply. Canada's population surges again. Living standards hav...
Hawkish Powell Says Fed Will Only Cut Rates Once
14 Jun 2024
Contributed by Lukas
US CPI data came in softer than expected but that didn't sway the fed. Projections now call for one cut this year. Producer prices are outright declin...
The Rate Cutting Cycle Has Begun
07 Jun 2024
Contributed by Lukas
Bank of Canada slashes interest rates, suggests more to come. The ECB also cuts rates, is the Fed next? Economic data is now softening in the US. Why ...
Canadian Households Need to Adjust to Higher Mortgage Rates - w/ guest Doug Porter
31 May 2024
Contributed by Lukas
We are joined by BMO's chief economist Doug Porter. The Bank of Canada will cut, probably in June. Don't expect bond yields or fixed mortgage rates to...
Inflation Drops Ahead of Bank of Canada Meeting
24 May 2024
Contributed by Lukas
CPI drops back within the Bank of Canada's target range, will it be enough for a cut in June? Population growth surges with some cities growing more t...
Markets Melt Higher as Economic Data Weakens
17 May 2024
Contributed by Lukas
US CPI cooled last month, along with retail sales. Canadian job numbers surprise to the upside giving further hesitation for the Bank of Canada. Banni...
The Central Bank Endgame- w/ guest Grant Williams
10 May 2024
Contributed by Lukas
Governments are broke, and central banks are trying to maintain the illusion of stability. The next decade will not be like the last one, prepare for ...