In this week’s latest update straight from our co-founder, Steve Jagger, there have been a lot of exciting developments, including interest rate cuts and major investment wins. Let’s dive into the highlights:
Bank of Canada Interest Rate Drop
This past Wednesday, the Bank of Canada lowered interest rates by 50 basis points cut. This shift was a hot topic in the addy Discord, with members speculating on what the move would mean for future investments. Keep an eye out for more updates in the coming weeks as we get closer to the next meeting in December!
Montello Development in St. Catharines
Exciting news for the 1,136 investors in the Montello development! This large condominium project is nearing completion. Investors are potentially going to receive their return on capital and profits in the coming weeks. Keep an eye on your addy account for more details soon!
Exclusive Offers on the addy Platform
Check out the Coast Capital promotion within the addy app! You can now get up to $600 in bonus rewards when you sign up for an account. Whether you’re looking for a Canadian or U.S. dollar account, this offer won’t last long, so make sure to explore the details in your addy account.
Issuer Interviews
We’ve been ramping up our content production with interviews featuring past and upcoming issuers. Stay tuned for an exciting new interview with an issuer who’s bringing their first property to the addy platform. The property is located on Vancouver Island—more details coming soon!
Citizen Builder and Community Capital
There’s been a lot of buzz about multiplex developments, and addy is right in the middle of it. With programs in cities like Kelowna and Vancouver making it easier to build fourplexes and sixplexes, this is a great time to get involved. More multiplex investment opportunities will be coming to the addy platform soon, so stay tuned!
Watch the full update:
Thank you for staying engaged with the addy community, and as always, if you have questions, ideas, or suggestions for interviews, feel free to share them in the comments or in our Discord.
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