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Welcome to this week’s edition of the addy newsletter! We’ve rounded up the latest in Canadian real estate, key business headlines shaping the economic outlook, and a few political updates that matter for investors. Plus, we’re keeping things fun with a new community poll about what “position” you’d play if real estate investing were a sport. Dive in, cast your vote, and stay informed as we head into another busy week in the market.
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❤️ 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.
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Real Estate News
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Alberta expects billions in investment: That is good news for CRE
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Alberta’s economy is poised to reap the benefits of multi-billion-dollar investments coming to the province in the near future, according to Scott Hutcheson, the executive chair of Aspen Properties.
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renx.ca/alberta-expects-billions-in-investment-that-is-good-news-for-cre
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Ford says HST break should apply to ‘anyone who buys a new home’
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Proponents say expanding the HST exemption, currently limited to first-time homebuyers on new home up to $1 million, could help the struggling industry.
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www.thestar.com/real-estate/ford-says-hst-break-should-apply-to-anyone-who-buys-a-new-home/article_471923ad-e999-4e9a-b4fd-52448f06f49f.html
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Five partners develop $200M Windsor-area shopping centre
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A joint venture involving five partners, which is building what will become a 250,000-square-foot retail centre in the Windsor area community of LaSalle, just might be the beneficiary of a “right place, right time,” situation.
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renx.ca/five-partners-develop-200m-windsor-essex-lasalle-retail-plaza
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Recent Pods
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Is the Canadian Housing Market REALLY Unstable Right Now?
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Mortgage Defaults Hit 5 Year High in Canada
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Business News
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Your Multi-Card Wallet
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The new wallet is here! Inside your wallet, you’ll see multiple cards, each connected to a specific Exempt Market Dealer (EMD). Each dealer manages their own card, meaning they manage the funds directly. Want to add funds to one of your cards? Simply select an available property from an Exempt Market Dealer, and follow the directions to fund your investment. Check it out today!
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Click the button on the top right to flip between the different cards.
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FAQ: Can I Transfer Funds Between Cards? / What Happens When You Add a Card from a Card Issuer
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Sunday Poll
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This week, we’re keeping things light with a fun question: if real estate investing were a sport, what position would you play? Whether you’re the strategist calling plays, the rookie learning the ropes, or already out there scoring wins, cast your vote and see how the rest of the addy community stacks up!
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If real estate investing were a sport, what position would you play?
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Last Sunday’s Poll Results
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On Sunday we asked “What’s your biggest barrier to investing in real estate right now?” The results were a tie between 💸 Not enough capital saved and 🏙️ Everything feels too expensive.
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Upcoming Dates
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📅 Dec 10th – The Bank of Canada’s Interest Rate Announcement (Bank of Canada)
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Weekly Address Supported by Hello Ledgers
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Your Family’s Financial Co-Pilot
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Finally — a simple way for families to understand where their money goes. Details – addy Member Special
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👉 Get the addy app – Download for iOS | Download for Android
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