Weekly Address December 6th Edition

In this week’s Weekly Address you’ll find what we are reading in industry news, the latest from addy, a note from our friends at Blossom and what’s happening over in the addy Discord server. 👀 Lots to catch up on!

Industry News 

🇨🇦 Bank of Canada holds key interest rate steady at 5% in final decision of 2023. Here’s what’s next

The Bank of Canada left its benchmark interest rate unchanged on Wednesday and continued to warn future hikes aren’t off the table, even as market watchers shift their eyes towards rate cuts in 2024. (Global News)

⛲ Vancouver is B.C.’s only city with an elected park board. Mayor Ken Sim wants to change that

“We spent a year and a bit trying to fix it, it’s not working,” said Vancouver Mayor Ken Sim. “We deserve world-class parks and recreational facilities, and so we need to change the structure.” (Vancouver Sun)

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🏟️ ‘The stadium is secondary’: how US sports teams became real-estate speculators

More than ever, franchises are a profit play as owners seek to boost income by building developments where people can live, work, shop, dine, drink and play (The Guardian)

addy News 

🎟️ Event Recap: The Loonie Hour Live in Toronto

The Loonie Hour podcast, featuring panelists Steve Saretsky, Keith Dicker, and Richard Dias, captivated over 250 attendees at The Don in Danforth, Toronto, with an electric live recording, preceded by an insightful housing panel featuring experts Ron Butler, Nick Hill, Daniel Foch, and Jordan Scrinko. (Read More)

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Discord Chat

Have you not joined the addy Discord yet? Discord is the platform where you can engage in online conversations with fellow addy Members, Issuers, and the addy squad. It’s a vibrant space filled with discussions, learning opportunities, and enjoyable interactions. Come and join us!

For example, below is a conversation with Hooman Tabesh, CEO of the Issuer for Wychwood Multi-Family giving an update to the addy community via Discord about a unit that was rented at the Toronto property along with Mike, CEO of addy commenting in. Join the discussion here.

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FROM OUR FRIENDS AT BLOSSOM

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A Must-Have App for DIY Investors in Canada

Are you a DIY investor looking for the next tool in your arsenal? Look no further…

Our Vancouver friends at Blossom are taking the investing scene by storm with over 70,000+ users and a 4.7-star rating in the app store! Put simply… the people LOVE this app!!!

Blossom is a new-age social media, similar to Reddit or Instagram, but built specifically for investors. On the app, users can link their brokerage accounts (Wealthsimple, Questrade, etc.) and can see what thousands of other Canadians are invested in, follow their trades, and learn from one another!

What’s great about Blossom is that it’s a Canadian community for ALL skill levels of investors – including complete beginners, with Duolingo-style educational lessons to sharpen your financial literacy. The app also acts as a powerful portfolio management tool, providing dividend trackers, portfolio insights, and so much more.

Blossom is free to use— so download the app and join the hottest investing community in Canada today!

 

Investment Opportunities Available Now

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Wychwood
Toronto, ON

Participate in the ownership of a 9-unit multi-family complex consisting of 2 buildings located in the Wychwood neighbourhood of Toronto, Ontario. 

➡️ Get a 10% bonus on the first $300,000 or within the first 30 days!

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Maple View Heights
Mission, BC

Participate in the ownership of the 108-unit purpose built rental development, including 11 affordable rental units, located in Mission, BC that is nearing completion.

USA Investment Opportunities

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Apex on Perkins 
Stillwater, OK 🇺🇸

This is your opportunity to participate in the ownership of a 234 unit & 732 bed student housing community located adjacent to Oklahoma State University in Stillwater, Oklahoma.

ATTENTION – For a limited time, you can invest into this property using your Canadian dollar addy wallet!

Login now!

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FAQ – Investing in USA Properties

Do you have questions about investing in the first American property to drop on the addy platform? How do you fund your USD addy wallet?

Get your questions answer here

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