The Loonie Hour

Hosted by Steve Saretsky

Business News

Website RSS feed

Episodes

246

Latest episode

Jun 2026

Language

EN-US

About the show

The Loonie Hour is a Canadian based macro economic podcast covering newsworthy events across the globe and how they will impact Canadians.

Listen to episodes

60 recent

June 12, 2026Episode 2461 hr 34 min

A New Cold War Is Reshaping the World- w/guest Michael Nicolteos

What's really happening in Iran? The European Central Bank is going to suffocate the economy. The future of money and Ai. Global inflation rips higher. The Bank of Canada is stuck in an uncomfortable dilemma. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourJoin Seeking Alpha Premium And Get 25% Off Today!: https://link.seekingalpha.com/52636H6/4G6SHH/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction03:24 Episode 245 Recap & Ben Rabidoux Discussion07:14 Cold War 2?11:19 AI Infrastructure, Data Centers & Commoditization16:15 Why AI Stocks May Face Pressure21:07 The Energy Crisis Behind AI Growth25:10 Stablecoins & Traditional Finance30:17 The Future of Money34:33 Crypto And Blockchain Adoption38:53 Hidden Risks in Financial Systems43:12 Oil, Inflation, and Global Markets46:57 Why Politicians Keep Getting Economics Wrong?51:16 Europe’s Economic Decline55:59 Tesla, EVs, and Industrial Policy01:00:05 Future Outlook: Markets, AI, and Geopolitics01:04:14 Next 12–36 Months Outlook01:08:05 Market Predictions!01:12:05 Inflation, PMIs, and Economic Indicators01:20:06 Canadian Housing and Mortgage Stress01:24:31 Canada’s Economic FutureDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #canada #recession

June 11, 2026Episode 2451 hr 11 min

When Will Canadian Real Estate Hit Bottom? w/ guest Ben Rabidoux

Credit delinquencies are still rising. The bull case for single family housing. The flood of rental supply, and the death of the pre-sale condo. Bonus episode with Ben Rabidoux of Edge Analytics. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourEdge Analytics – EDGE30 / EDGE330 for $30/month, $330/year: https://www.edgeanalytics.ca✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction04:34 Canada's Technical Recession6:24 Housing Weakness Spreads Through The Economy8:25 Ontario's Economic Slowdown12:00 Canada's Productivity Crisis14:12 Why Do We Keep Falling Behind?19:41 Delinuences, Defaults & Mortgage Stress22:45 Canada's Oil Prices & Energy Markets24:45 Why Alberta's So Resilient?29:27 Mortgage Spreads & Lending Trends32:38 First Nations Land Claims & Property Rights Debate35:58 Consumer Spending Is Slowing39:09 Canada's Population Growth Problem45:50 Rental Market Correction Inbound49:24 How Much Lower Can Home Prices Go?52:42 Young Canadians Are Squeezed56:01 Single-Family Homes Hits Historic Lows01:04:10 Are We Near The Bottom?1:06:01 Vancouver Real Estate Forecast1:09:09 Consumer Sentiment & What's NextWritten, shot and produced by Unforgettable Studios (Adam “DC” Darvay-Canavor & Alvin Keung) https://www.unforgettablestudios.caadam@adamdc.ca https://www.instagram.com/adamdcmedia/Disclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #recession

June 5, 2026Episode 24458 min

The Canadian Economy Slips into Recession

Canada enters a "technical" recession. The curious case of the Bank of Canada's gold reserves. The Bitcoin bear market deepens. Canada has the second largest Natural Gas reserves in the world. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourJoin Seeking Alpha Premium And Get 25% Off Today!: https://link.seekingalpha.com/52636H6/4G6SHH/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction05:31 Housing Market Bottomed?10:14 Timing the Bond Market Crisis11:53 Why Bond ETFs May Be Riskier Than Investors Think14:06 Demographics, Labor Supply & Selling Pressure15:59 Will Governments React Too Late?19:23 Why Canada Sold Its Gold20:58 Gold as a Strategic National Asset23:03 Has Canada Entered a Technical Recession?26:10 GDP, Productivity & Population Growth27:22 Canada's Housing Crisis vs Population Crisis28:22 Commodities, Debt & Government Spending29:19 Is There Any Good News in Canada?32:08 BC Hydro, Electricity Rates & Government Policy34:01 BC's Looming Power Shortage37:28 Energy Reality vs Political Narratives38:54 Natural Gas, Emissions & Energy Security40:28 Economic Weakness Is Starting to Show41:13 Mortgage Renewals & Household Stress42:03 Rising Delinquencies Across Canada43:12 Distressed Sales Hit 25-Year High44:19 Foreclosures, Courts & Forced Sales45:09 What's Driving Financial Stress?49:08 Why Investors Are Sleeping on Gold50:24 Gold's Recent Weakness Creates Opportunity51:14 Crypto, Currency Debasement & Market Cycles52:16 Revisiting Crypto Risks53:34 Investor Series Preview & Positioning for What's Next54:30 Why Worrying Doesn't Help Investors55:07 Strategic Oil Reserves Around the World56:14 Oil Markets, Reserves & Supply ConstraintsDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #canada #recession

May 29, 2026Episode 2431 hr 29 min

Canada's State Surveillance Bill - w/ guest Michael Geist

Bill C22 threatens individual privacy rights and opens the door for state surveillance. Tim Hortons says that they'll abandon temporary foreign workers. Canada signs massive LNG deal with Germany. Has the Canada Pension Plan underperformed?Tickets to The Loonie Hour Investor Series Toronto event are now SOLD OUT.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourRequest a consultation with IceCap Asset Management today:https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourTimestamps:00:00 Introduction05:15 Tickets Sold Out - See You Soon!07:57 Bill C-11 Recap & Streaming Act Overview10:30 Government Control, Privacy & Digital Rights15:31 Why Netflix & Apple Object24:15 Who Benefits From These Policies?30:00 Online News Act Explained32:24 Is The Online News Act Just A Tax?40:17 Metadata Collection Creates A Surveillance Map43:50 Do Canadians Have A Right To Privacy?51:46 Why Governments Want More Control55:42 What Can Canadians Do?01:02:00 Germany's Energy Crisis01:03:31 Nord Stream & European Natural Gas01:05:08 Europe Quietly Returning To Fossil Fuels01:07:47 Steven Guilbeault Steps Down01:08:32 Tim Hortons & Temporary Foreign Workers01:10:15 Canada's Immigration Policy Reversal01:11:41 Immigration Fraud & Diploma Mills01:23:03 Why Pension Funds Can't Just Buy ETFs01:24:25 Career Risk In Pension Management01:26:10 The Incentives Driving Pension DecisionsDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #canada

May 22, 2026Episode 2421 hr 9 min

Inflation Is Heating Up… Will Central Banks Ignore It?

Global bond yields keep pushing higher. Inflation data shows little signs of easing. The future of Canada's electrical grid. Euphoria hits Korean stock market. Join Us For The Loonie Hour Investor Series - With Ron Butler and Daniel Foch, Live In Toronto on June 3rd! Get Your Tickets Here! https://www.eventbrite.com/e/the-loonie-hour-investor-series-with-ron-butler-daniel-foch-june-3rd-tickets-1990129219067Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehour

May 15, 2026Episode 2411 hr 6 min

The Bond Market Could Crush Your Retirement Plans

Inflation ticks higher. Bond yields hit 19 year high. Bonds are no longer the safety hedge your retirement depends on. Another distressed condo fund emerges in Toronto. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourCheck out Saily at https://www.saily.com/looniehour and use our promo code 'LOONIEHOUR' to get 15% off your first purchase!✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehourDisclaimer:The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a "loonie" into any of these financial markets.#LoonieHour #macroeconomics #bondmarket

May 8, 2026Episode 2401 hr 5 min

Energy Superpower? Canada Is Blowing It

Oil industry blasts Carney's carbon tax. Toronto real estate prices perk up. US tech earnings beat. UK bond yields surge to the highest level in 25 years. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourRequest a consultation with IceCap Asset Management today:https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehour

May 1, 2026Episode 2391 hr 5 min

Canada's Sovereign Wealth Fund?

Is Canada creating a sovereign wealth fund, or a debt fund? Bank of Canada holds rates. Bond yields jump. The UAE pulls out of OPEC. Hormuz remains closed. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourRequest a consultation with IceCap Asset Management today:https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehour

April 24, 2026Episode 2381 hr 9 min

Stocks Hit New Highs Despite Energy Crisis

The S&P 500 recovers and hits new highs. Inflation in Canada came in softer than expected. Europe poised to hike rates? Alberta to BC pipeline faces new objections. Bank of Canada on deck next week. Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourRequest a consultation with IceCap Asset Management today:https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehour

April 17, 2026Episode 2371 hr 9 min

The Largest Capital Exodus in Canadian History

More than $1 Trillion of investment left Canada last decade. National home prices fell in March. Labour market remains dismal for Canadian youth. Fuel shortages are squeezing airlines. Fed QE is ramping up slowly.Start an investment portfolio that's built to perform with Neighbourhood Holdings! For Mortgage Brokers: https://www.neighbourhood.com/looniehour-brokersFor Investors and Advisors: https://www.neighbourhood.com/looniehourRequest a consultation with IceCap Asset Management today!https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: steve@stevesaretsky.comStay up to date with our information -📫 My Real Estate Substack: https://stevesaretsky.substack.com📫 The Loonie Hour Substack: https://looniehour.substack.com/about📊➡️ Loonie Hour Socials: https://linktr.ee/looniehour🎙️ Listen to the Podcast on Your Preferred Platform:https://linktr.ee/looniehour