<p>Canada enters a &quot;technical&quot; recession. The curious case of the Bank of Canada&#39;s gold reserves. The Bitcoin bear market deepens. Canada has the second largest Natural Gas reserves in the world. </p><p><br></p><p>Start an investment portfolio that&#39;s built to perform with Neighbourhood Holdings! </p><p>For Mortgage Brokers: <a href="https://www.neighbourhood.com/looniehour-brokers" target="_blank" rel="ugc noopener noreferrer">https://www.neighbourhood.com/looniehour-brokers</a></p><p>For Investors and Advisors: <a href="https://www.neighbourhood.com/looniehour" target="_blank" rel="ugc noopener noreferrer">https://www.neighbourhood.com/looniehour</a></p><p><br></p><p>Join Seeking Alpha Premium And Get 25% Off Today!: <a href="https://link.seekingalpha.com/52636H6/4G6SHH/" target="_blank" rel="ugc noopener noreferrer">https://link.seekingalpha.com/52636H6/4G6SHH/</a></p><p><br></p><p>βœ‰οΈ Media &amp; Real Estate Inquiries: <a href="mailto:steve@stevesaretsky.com" target="_blank" rel="ugc noopener noreferrer">steve@stevesaretsky.com</a></p><p><br></p><p>Stay up to date with our information -</p><p>πŸ“« My Real Estate Substack: </p><p><a href="https://stevesaretsky.substack.com" target="_blank" rel="ugc noopener noreferrer">https://stevesaretsky.substack.com</a></p><p>πŸ“« The Loonie Hour Substack: </p><p><a href="https://looniehour.substack.com/about" target="_blank" rel="ugc noopener noreferrer">https://looniehour.substack.com/about</a></p><p><br></p><p>πŸ“Šβž‘οΈ Loonie Hour Socials: <a href="https://linktr.ee/looniehour" target="_blank" rel="ugc noopener noreferrer">https://linktr.ee/looniehour</a></p><p><br></p><p>πŸŽ™οΈ Listen to the Podcast on Your Preferred Platform:</p><p><a href="https://linktr.ee/looniehour" target="_blank" rel="ugc noopener noreferrer">https://linktr.ee/looniehour</a></p><p><br></p><p>Timestamps:</p><p>00:00 Introduction</p><p>05:31 Housing Market Bottomed?</p><p>10:14 Timing the Bond Market Crisis</p><p>11:53 Why Bond ETFs May Be Riskier Than Investors Think</p><p>14:06 Demographics, Labor Supply &amp; Selling Pressure</p><p>15:59 Will Governments React Too Late?</p><p>19:23 Why Canada Sold Its Gold</p><p>20:58 Gold as a Strategic National Asset</p><p>23:03 Has Canada Entered a Technical Recession?</p><p>26:10 GDP, Productivity &amp; Population Growth</p><p>27:22 Canada&#39;s Housing Crisis vs Population Crisis</p><p>28:22 Commodities, Debt &amp; Government Spending</p><p>29:19 Is There Any Good News in Canada?</p><p>32:08 BC Hydro, Electricity Rates &amp; Government Policy</p><p>34:01 BC&#39;s Looming Power Shortage</p><p>37:28 Energy Reality vs Political Narratives</p><p>38:54 Natural Gas, Emissions &amp; Energy Security</p><p>40:28 Economic Weakness Is Starting to Show</p><p>41:13 Mortgage Renewals &amp; Household Stress</p><p>42:03 Rising Delinquencies Across Canada</p><p>43:12 Distressed Sales Hit 25-Year High</p><p>44:19 Foreclosures, Courts &amp; Forced Sales</p><p>45:09 What&#39;s Driving Financial Stress?</p><p>49:08 Why Investors Are Sleeping on Gold</p><p>50:24 Gold&#39;s Recent Weakness Creates Opportunity</p><p>51:14 Crypto, Currency Debasement &amp; Market Cycles</p><p>52:16 Revisiting Crypto Risks</p><p>53:34 Investor Series Preview &amp; Positioning for What&#39;s Next</p><p>54:30 Why Worrying Doesn&#39;t Help Investors</p><p>55:07 Strategic Oil Reserves Around the World</p><p>56:14 Oil Markets, Reserves &amp; Supply Constraints</p><p><br></p><p>Disclaimer:</p><p>The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a &quot;loonie&quot; into any of these financial markets.</p><p><br></p><p>#LoonieHour #canada #recession</p>

The Loonie Hour

Steve Saretsky

The Canadian Economy Slips into Recession

JUN 5, 202658 MIN
The Loonie Hour

The Canadian Economy Slips into Recession

JUN 5, 202658 MIN

Description

<p>Canada enters a &quot;technical&quot; recession. The curious case of the Bank of Canada&#39;s gold reserves. The Bitcoin bear market deepens. Canada has the second largest Natural Gas reserves in the world. </p><p><br></p><p>Start an investment portfolio that&#39;s built to perform with Neighbourhood Holdings! </p><p>For Mortgage Brokers: <a href="https://www.neighbourhood.com/looniehour-brokers" target="_blank" rel="ugc noopener noreferrer">https://www.neighbourhood.com/looniehour-brokers</a></p><p>For Investors and Advisors: <a href="https://www.neighbourhood.com/looniehour" target="_blank" rel="ugc noopener noreferrer">https://www.neighbourhood.com/looniehour</a></p><p><br></p><p>Join Seeking Alpha Premium And Get 25% Off Today!: <a href="https://link.seekingalpha.com/52636H6/4G6SHH/" target="_blank" rel="ugc noopener noreferrer">https://link.seekingalpha.com/52636H6/4G6SHH/</a></p><p><br></p><p>βœ‰οΈ Media &amp; Real Estate Inquiries: <a href="mailto:[email protected]" target="_blank" rel="ugc noopener noreferrer">[email protected]</a></p><p><br></p><p>Stay up to date with our information -</p><p>πŸ“« My Real Estate Substack: </p><p><a href="https://stevesaretsky.substack.com" target="_blank" rel="ugc noopener noreferrer">https://stevesaretsky.substack.com</a></p><p>πŸ“« The Loonie Hour Substack: </p><p><a href="https://looniehour.substack.com/about" target="_blank" rel="ugc noopener noreferrer">https://looniehour.substack.com/about</a></p><p><br></p><p>πŸ“Šβž‘οΈ Loonie Hour Socials: <a href="https://linktr.ee/looniehour" target="_blank" rel="ugc noopener noreferrer">https://linktr.ee/looniehour</a></p><p><br></p><p>πŸŽ™οΈ Listen to the Podcast on Your Preferred Platform:</p><p><a href="https://linktr.ee/looniehour" target="_blank" rel="ugc noopener noreferrer">https://linktr.ee/looniehour</a></p><p><br></p><p>Timestamps:</p><p>00:00 Introduction</p><p>05:31 Housing Market Bottomed?</p><p>10:14 Timing the Bond Market Crisis</p><p>11:53 Why Bond ETFs May Be Riskier Than Investors Think</p><p>14:06 Demographics, Labor Supply &amp; Selling Pressure</p><p>15:59 Will Governments React Too Late?</p><p>19:23 Why Canada Sold Its Gold</p><p>20:58 Gold as a Strategic National Asset</p><p>23:03 Has Canada Entered a Technical Recession?</p><p>26:10 GDP, Productivity &amp; Population Growth</p><p>27:22 Canada&#39;s Housing Crisis vs Population Crisis</p><p>28:22 Commodities, Debt &amp; Government Spending</p><p>29:19 Is There Any Good News in Canada?</p><p>32:08 BC Hydro, Electricity Rates &amp; Government Policy</p><p>34:01 BC&#39;s Looming Power Shortage</p><p>37:28 Energy Reality vs Political Narratives</p><p>38:54 Natural Gas, Emissions &amp; Energy Security</p><p>40:28 Economic Weakness Is Starting to Show</p><p>41:13 Mortgage Renewals &amp; Household Stress</p><p>42:03 Rising Delinquencies Across Canada</p><p>43:12 Distressed Sales Hit 25-Year High</p><p>44:19 Foreclosures, Courts &amp; Forced Sales</p><p>45:09 What&#39;s Driving Financial Stress?</p><p>49:08 Why Investors Are Sleeping on Gold</p><p>50:24 Gold&#39;s Recent Weakness Creates Opportunity</p><p>51:14 Crypto, Currency Debasement &amp; Market Cycles</p><p>52:16 Revisiting Crypto Risks</p><p>53:34 Investor Series Preview &amp; Positioning for What&#39;s Next</p><p>54:30 Why Worrying Doesn&#39;t Help Investors</p><p>55:07 Strategic Oil Reserves Around the World</p><p>56:14 Oil Markets, Reserves &amp; Supply Constraints</p><p><br></p><p>Disclaimer:</p><p>The information within our content is not intended to be or construed as investment advice. Please consult a professional advisor before putting a &quot;loonie&quot; into any of these financial markets.</p><p><br></p><p>#LoonieHour #canada #recession</p>