Weekly Address November 9th Edition

addy | Budget, Multiplexes, Pods

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 👋

This week’s addy newsletter covers a mix of big-picture shifts and on-the-ground changes shaping Canadian real estate. We look at new commentary following the federal budget and what it could mean for investors and housing policy. You’ll also find our latest community poll on multiplex zoning—a topic that’s quickly becoming central to Canada’s housing strategy.

Let’s dive in.

❤️ The addy Team

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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

 

Surrey’s plans for entertainment district signal big-city ambitions

City scores well with some developers but faces looming housing crunch

www.westerninvestor.com/real-estate/surreys-plans-for-entertainment-district-signal-big-city-ambitions-11462632

 

 

 

Court filing seeks to cancel One Bloor West presales, relaunch in 2026

Despite the state of the Toronto condo market, values are still much higher than seven years ago. As a result, Tridel and the court-appointed monitor for One Bloor West are seeking to cancel existing presale agreements, according to court filings.  

renx.ca/tridel-cancel-presales-toronto-one-bloor-west-2026-relaunch

 

 

 

Pay rent, fly to Europe? This Toronto developer is offering Aeroplan points with rental payments

The new travel perk comes as more landlords offer incentives in the city’s competitive rental market.

www.thestar.com/real-estate/torontos-largest-rental-developer-says-tenants-can-now-earn-aeroplan-points-by-paying-rent/article_850e6b5b-9339-44e0-b1e7-0c38712b8c24.html

 

 

 

Hotels sector ‘golden child’ for real estate investors: CFO Capital

An extended run of growth and investment has made hotels a “golden child” of asset classes according to CFO Capital president Mark Kay, whose firm has become a major investor in the sector.

renx.ca/hotels-golden-child-investment-development-transaction-activity-robust

 

 

 

Could apartment buildings come to Shaughnessy?

Vancouver expert calls for more equal distribution of density

www.biv.com/news/real-estate/could-apartment-buildings-come-to-shaughnessy-11449898

 

 

 

Lease negotiations between Whitecaps, BC Place at impasse: MLS boss

Team could get dedicated soccer stadium in future, possibly at PNE

www.westerninvestor.com/real-estate/lease-negotiations-between-whitecaps-bc-place-at-impasse-mls-boss-11463132

 

 

 

Former office building across from St. Paul’s Hospital converted into boutique hotel

Developers hope to open the 62-room Arden Hotel early next year

vancouversun.com/news/former-medical-office-st-pauls-boutique-hotel

 

 

Recent Pods

 

YouTube video by Steve Saretsky

Federal Budget Says No Bailout For Canadian Real Estate

 

 

YouTube video by Raoul Pal The Journey Man

The End of Recessions is Closer Than You Think ft. Jordi Visser

 

 

YouTube video by Angry Mortgage Podcast

A Closer Look

 

 
 

YouTube video by Michael Campbell's Money Talks

Heather Exner-Pirot: Powering Canada’s Competitiveness: Budget Impacts On Energy And Minerals

 

 

Business News

 

Carney tells business leaders his budget plan has what’s needed to spur growth

One block away, Poilievre tells another Bay Street crowd that Ottawa’s economic plan falls short

www.theglobeandmail.com/business/article-mark-carney-pierre-poilievre-business-leaders-economy-federal-budget

 

 

 

Sunday Poll

Cities across Canada are changing their zoning rules to allow more multiplex housing — turning single-family lots into fourplexes or even sixplexes. It’s one of the biggest housing shifts in decades, aimed at boosting supply and affordability.

How do you feel about multiplex zoning in your city?

Last Wednesday’s Poll Results

On Wednesday we asked “If you could own property anywhere in Canada…” where / what would it be and 51.43% of you said a Kelowna lakeside retreat 🌊

 

Upcoming Dates

📅 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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