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The multiplex development space is gaining momentum across Canada, and addy is uniquely positioned to bring developers, citizen builders, and community capital together to drive impactful projects. Join the conversation in the addy Discord! |
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🇺🇸 The next USD opportunity is being prepared! Do you have your US dollar bank account connected to your US dollar addy wallet? Learn more about how to fund your US wallet. Don’t have a US dollar bank account? Check out Coast Capital!
🤑 Porte’s property, The Harrison, in the Marda Loop neighbourhood of Calgary has it’s next ex-dividend date tomorrow, October 31st 2024. This property does a monthly dividend and is projected to have that continue. To be a part of the November (and future) dividends invest before October 31st 2024.
👀 The next Porte property is being prepared!
❌ The Scott McGillivray Real Estate Trust II campaign ends tomorrow October 31st 2024. To participate in this opportunity be sure to make your investment by midnight Oct. 31st 2024.
📺 Watch The Nitty Gritty on 150 Hughson St Hamilton, ON. The issuer, Lankin Investments, published a video running through the details of the opportunity.
👂 The latest podcast: |
🎤 Weekly AMA Zoom |
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Do you have questions about your addy account? Register for the next weekly Zoom call |
📰 Industry News |
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Heading to Zero As expected, Macklem and Co slashed rates by 50bps this past week, citing slower growth and a softening labour market. Further adding, “if the economy evolves broadly in line with our latest forecast, we expect to reduce the policy rate further.” Remember that line, we’ll come back to it. |
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Posthaste: Economists are ripping up their forecasts after Ottawa slashed immigration targets Ottawa also set its first target for temporary immigrants, cutting the numbers by about 446,000 in 2025 and 2026. If it meets these goals, Canada’s population will actually shrink for the first time in data going back to the early 1950s, reports Bloomberg — by 0.2 per cent in 2025 and 2026, before returning to growth in 2027. |
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Extraordinary Port Moody council meeting sends 39-storey rental towers to public hearing Port Moody residents will get a chance to voice their thoughts about a proposal to build the city’s two tallest towers. (Tri-City News) |
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Will Poilievre’s housing tax plan speed up homebuilding? What to know Conservative Leader Pierre Poilievre is proposing to scrap the federal sales tax on new build housing, claiming that this will help lower mortgage costs and speed up homebuilding. (Global News) |
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GTA Condo Supply Is Approaching A Number “The Market Has Never Seen” According to a figure provided to STOREYS by Urbanation President, Shaun Hildebrand, the GTA is currently grappling with almost 40,000 units of condo supply in limbo of some sort — be that unsold units in development, assignment listings, or resale listings on the MLS. (Storeys) |
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We love having you in the addy family – and we bet your friends would love it too! So, here’s the deal: we’re inviting you to be the ultimate matchmaker and help your friends get in on the investment fun. It’s like a double win – you bring your favorite people in, and they get a head start in building their own real estate journey! Just share addy with a friend (or two, or ten!), and who knows, maybe one day you’ll both be sitting side by side as real estate moguls! 😉 Cheers to sharing the wealth and making it happen, The addy Squad |
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