Weekly Address October 19th Edition

addy | Household Budgets, Real Estate News

A roundup of the latest real estate, business, and political news shaping Canada’s economy—and what it means for real estate investors.

 

Inside this week’s update: a roundup of Canada’s latest real estate and business headlines, the results from last week’s poll, and a new question for you.

Canadians are feeling the squeeze as everyday costs continue to climb — even with interest rates starting to ease. From housing and groceries to debt payments, everyone’s budget is under pressure somewhere. This week, we want to hear from you: what’s having the biggest impact on your household budget right now?

While you’re here, log in to your account to see what’s new — explore the latest offerings from different Exempt Market Dealers, check your wallet, and easily flip between your cards.

Scroll down to cast your vote and see how the rest of the addy community is feeling.

 

Log in to your account to check out what’s new on the platform.

❤️ The addy Team

Your quick dose of what’s moving markets and mortgages! Below you’ll find the latest real estate and business news shaping the landscape for Canadian investors.

 

Real Estate News

 

Vancouver council asked to create ‘wholly owned B.C. business corporation’

Vancouver Lands Development Corporation would build more than 4,000 units of market rental housing on six city properties assessed at $411 million

www.biv.com/news/economy-law-politics/vancouver-council-asked-to-create-wholly-owned-bc-business-corporation-11364482

 

 

 

Bryan Yu: B.C. entering an era of housing restraint

Falling sales and slower migration mark a shift after years of record growth

www.westerninvestor.com/real-estate/bryan-yu-bc-entering-an-era-of-housing-restraint-11327924

 

 

 

Rob Shaw: Condo marketer Rennie dishes tough love to tone-deaf sector

Bob Rennie says B.C. real estate industry is terrible at selling its ideas on reform

www.westerninvestor.com/real-estate/rob-shaw-condo-marketer-rennie-dishes-tough-love-to-tone-deaf-sector-11361172

 

 

 

Housing affordability improving across Canada, but Vancouver remains least affordable: RBC report

The situation is improving across Canada, including in B.C., but the Vancouver area remains the least-affordable market, according to RBC.

vancouversun.com/business/real-estate/housing-affordability-vancouver-rbc-report?itm_source=real-estate

 

 

 

New developments creating wellness experiences that foster sense of community

A layered approach to wellness, addressing physical fitness, mindful reflection and connection building are popular with today’s homebuyers.

vancouversun.com/homes/new-developments-creating-wellness-experiences-that-foster-sense-of-community?fbclid=PARlRTSANVKYJleHRuA2FlbQIxMAABp3MiTnY2mPkmx9elgJiliJiDhRjhjxpEDjM2OxtbJV8AWE4x5HOrJTZjLEqA_aem_ib-KLql_y5LWjcZcaPXPWQ

 

 

 

Recent Pods

 

YouTube video by Steve Saretsky

Canada’s Housing Downturn Is Not Over Yet

 

YouTube video by CTV News

Robotic home construction comes to town

 

Business News

 

Canadian dollar gains but still posts fourth straight weekly decline

The Canadian dollar strengthened against its U.S. counterpart on Friday as stocks and oil prices rose, but the currency’s move was not enough to snap a weekly losing streak.

www.reuters.com/business/canadian-dollar-gains-still-posts-fourth-straight-weekly-decline-2025-10-17

 

 

 

Bank of Canada to focus more on risks ahead of rate decision, says head

OTTAWA, Oct 17 (Reuters) – The Bank of Canada will be putting more emphasis on the potential risks when it decides what to do about interest rates later this month, Governor Tiff Macklem said on Friday.

www.reuters.com/world/americas/bank-canada-focus-more-risks-ahead-rate-decision-says-head-2025-10-17

 

 

 

Cost of living drives 3 in 4 Canadians to skip eating out, report shows – National | Globalnews.ca

A little more than half (51 per cent) of millennials make a purchase from a restaurant at least once a week, followed by 47 per cent of Gen Z Canadians, the report showed.

globalnews.ca/news/11439926/cost-of-living-canadians-skip-eating-out

 

 

 

Wednesday Poll

Canadians are feeling the squeeze as everyday costs continue to climb, even with interest rates starting to ease. From housing and groceries to debt payments, everyone’s budget is under pressure somewhere. This week, we want to hear from you — what’s having the biggest impact on your household budget right now?

 

What’s having the biggest impact on your household budget right now?

 

Last Sunday’s Poll Results

Last Wednesday’s poll was about the potential of a $10B infrastructure fund and where you think it should be spent with the results coming in as a Tie with 24.32% voting on both Transit & transportation 🚇 and New pipelines to Canada’s coasts 🛢️. 

Last Wednesday’s Poll Question:
If Canada launched a new $10B infrastructure fund — where should it go first?

 

Upcoming Dates

📅 Oct 29th – The Bank of Canada’s Interest Rate Announcement (Bank of Canada)
📅 Oct 30th – The Survey of Employment, Payrolls and Hours (SEPH) / job vacancy data are also released; for example, August SEPH and job vacancy data will be updated October 30, 2025. In the most recent data, Canada lost 66,000 jobs in August, and unemployment rose to 7.1 %.

 

How to Fund Your Card

Slight changes have been made to how your wallet and cards work. Now that we’ve introduced third-party Exempt Market Dealers on the platform, members can fund their cards directly within the investment flow in the dealer’s zone. To add funds for an investment, simply open the app, choose a third-party party exempt market dealer, choose the property you’re interested in, click Invest, and follow the steps. One of the steps will prompt you to add funds to your card—once complete, your balance will update automatically and you can finish your investment. This update streamlines the process so everything happens smoothly within the investment experience.

As always, if you have any questions about a specific investment, please reach out directly to the third-party Exempt Market Dealer to speak with a Dealing Representative.

 

Weekly Address Supported by Hello Ledgers

 

Hello Ledgers – Automated Bookkeeping That Does The Filing For You

Automate receipt ingestion, Google Drive filing, statement reconciliation, and QuickBooks export. Trusted by business owners across North America.

helloledgers.com

 

 

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