Weekly Address June 26th Edition

A great week so far. Some of the addy squad was in Toronto for the Blossom Investor Social, the Astra Group published a new Q/A video, Scott McGillivray’s take on “Win-Win or No Deal” plus the latest industry news. Lots to cover – let’s go! 

Today’s reading time is 4½ minutes

🌼 Blossom Investor Social

Our friends at Blossom put on a solid event in Toronto last night with over 700+ DIY investors at the Stackt Market.

🇨🇦 The event brought together some Canada’s largest financial creators including our friends Brandon Beavis and Zac Hartley.

🎟️ The event saw fast paced panels, packed with information from some amazing investment specialists – plus lots of networking!

📷 Tons of addy members dropped by the addy booth to say hi and we got to snap a few pictures with some of them.

😥 Did you miss out? 

✅ There are 3 more opportunities: MontrealCalgary and Vancouver 

❓Astra Block Industrial Q&A

👀 Heather Weir, VP and Logan Smith, CMO at the Astra Group put together a video that answers some question about the property. You can watch the video below and join the conversation in Discord with other addy members, the Issuer and the Dealer on this issuance. 

Joining Discord is simple, just click into your “profile” within your addy account and then “Join our Discord Community” to get started. 

There are 6 days left for the Astra Block Industrial campaign (Ends July 2nd). 

Investments in this property are open to residents of British Columbia, Alberta, Ontario, Saskatchewan, New Brunswick, Nova Scotia, and Manitoba, above the age of the majority. Purchasing securities conducted by Atlas One Digital Securities Inc. an Exempt Market Dealer in Canada. 

📺 Win-Win or No Deal

HGTV star Scott McGillivray talks about his philosophy of “win-win vs win-lose” which is very aligned with one of addy’s core values of Win Win or No Deal.

📰 Industry News

Economists say BoC could cut interest rates again soon if inflation keeps down

Economists are forecasting inflation slowed further in May, which would be welcome progress for the Bank of Canada after it cut its key lending rate for the first time in four years. (Parksville Qualicum Beach News)

But, inflation rose…hmm

Here’s how Ottawa’s property taxes compare to other Canadian cities

Ottawa homeowners pay higher property taxes on properties than residents in Canada’s largest cities, but a new report shows property taxes in the capital are the second lowest among Ontario cities. (CTV News)

Why Development Land Is The Most Common Asset To Fall Into Distress

Across Ontario, development projects are being placed under receivership seemingly every week, and while each case has its own unique circumstances, there is one commonality that holds true for just about all of them: the mortgaged property is a piece of development land. (Storeys)

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