Weekly Address November 2nd Edition

addy | Upcoming Budget, Land Title and more

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

 

Hey there 👋

Hello and welcome to this week’s edition of the addy Newsletter your go-to update on Canadian real estate, business, and policy news. This week’s lead story covers the recent Cowichan Tribes lawsuit in B.C. Supreme Court, which has drawn attention across the industry. Jon Love, CEO of Kingsett Capital, commented that “The BC Supreme Court ruling serves to upend our land title construct that is fundamental to our society. It needs much higher profile and significant discussion.” Read on for more key developments shaping Canada’s real estate landscape.

Let’s dive in.

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❤️ 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

 

Richmond warns property owners B.C. Supreme Court decision could ‘negatively affect title’

Mayor says many affected property owners were unaware of the ruling and, once informed, became deeply concerned about what it might mean

www.theglobeandmail.com/canada/british-columbia/article-richmond-bc-supreme-court-property-owners-aboriginal-title

 

 

 

Court Blocks Ruby Liu’s Bid for Former Hudson’s Bay Leases

A court ruling ends Ruby Liu’s bid to acquire 25 former Hudson’s Bay leases, halting her plan to launch a new Canadian department store chain.

retail-insider.com/retail-insider/2025/10/court-blocks-ruby-lius-bid-for-former-hudsons-bay-leases

 

 

 

Development land inventory surges in Lower Mainland, says expert

Costs and fees rising and revenue correcting, according to specialist

www.westerninvestor.com/real-estate/development-land-inventory-surges-in-lower-mainland-says-expert-11429340

 

 

 

Rental construction is at a 50-year high in Toronto and Hamilton area, as more than 27,000 units converted from condos

A new report points to more than 61 projects converting to condos, as developers bank on rents rising when supply tightens.

www.thestar.com/real-estate/rental-construction-is-at-a-50-year-high-in-toronto-and-hamilton-area-as-more/article_6238c629-7377-48f1-924f-83d4334cb81c.html

 

 

 

Recent Pods

 

YouTube video by Steve Saretsky

Bank of Canada Warns of Structural Decline | The Loonie Hour Episode 212

 

 

YouTube video by CTV News

What’s at stake for the federal budget?

 

 

 

YouTube video by IceCap Asset Management

The Bank of Canada Cuts, But Are They Done? | IceCap Canadian Market Wrap Episode 61

 

 

YouTube video by Angry Mortgage Podcast

BC Land Title Disaster

Note: Contains Strong Language

 

Business News

 

Rob Shaw: NDP has only itself to blame for eroding faith in reconciliation

New polling shows public confidence slipping after years of secrecy, spin and missed chances for transparency

www.biv.com/news/commentary/rob-shaw-ndp-has-only-itself-to-blame-for-eroding-faith-in-reconciliation-11425876

 

 

 

Time to fix the inflation indicator hobbling a generation of homebuyers

Since 2000, average home prices have climbed about 319 per cent, while Statistics Canada’s CPI has risen only 69 per cent

www.theglobeandmail.com/investing/personal-finance/young-money/article-inflation-indicator-cpi-housing-prices-first-time-homebuyers

 

 

 

What’s going to be in Carney’s first budget? | CBC News

After weeks of federal government spending announcements leading up to budget day, the biggest unknown remains how large the deficit will be and where and how deep the expected cuts will land.

www.cbc.ca/news/politics/whats-in-carney-budget-9.6962818

 

 

 

Sunday Poll

With the November 4th federal budget fast approaching, all eyes are on Prime Minister Mark Carney’s first major economic plan — one he’s described as balancing “austerity and investment.” Economists and everyday Canadians alike are wondering what that really means for housing, taxes, and the broader economy. We’d love to hear your take — share how you’re feeling about the upcoming budget in this week’s poll below.

How do you feel about the upcoming November 4th federal budget under Prime Minister Mark Carney — described as a budget of “austerity and investment” at the same time?

 

Last Wednesday’s Poll Results

On Wednesday we asked “Are you using AI tools in your day-to-day life?37.93% of you responded “🤖 Yes — I use ChatGPT and other basics regularly”.

 

Upcoming Dates

📅 Nov 4th – Prime Minister Mark Carney Federal Budget Announcement
📅 Dec 10th – The Bank of Canada’s Interest Rate Announcement (Bank of Canada)

 

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.

 

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