In this episode of the Ottawa Real Estate Podcast, hosts Paul Stevenson, Greg Campbell, and David Warren dive into the pressing issue of decreased immigration and its impact on Canada's economy. The guys discuss how immigration has traditionally propped up the economy and the potential fallout of recent declines. They explore the implications for both business and individual investments, discretionary spending, and the heavily reliant real estate market. Additionally, the episode covers the new federal Secondary Suite Program, the Bank of Canada's forecast for 2024, and Ashcroft Homes' recent financial troubles impacting Ottawa area contractors. Tune in for expert insights, listener Q&A, and some uplifting mood boosts!

00:00 Introduction

02:36 Listener Engagement and Upcoming Guests

03:34 Trade Show Highlights

05:30 Listener Comments and Questions

09:42 Market Trends and Advice

17:17 News

20:01 Impact of Immigration Slowdown on the Economy

21:50 Secondary Suite Refinance Program

27:02 Bank of Canada's Economic Forecast

34:44 Ashcroft Homes Financial Troubles

37:55 Mood Boosts and Closing Remarks

Get in touch with us!

Paul Stevenson - Mortgage Agent Level 2 

Email: paul@paulstevenson.ca 

Phone: 1-613-263-4543

https://www.paulstevenson.ca 

David Warren - Referral Mortgages 

Email: david@referralmortgages.com 

Phone: 1-613-686-6003

https://www.referralmortgages.com/ 

Greg Campbell - The Campbell Maric Group/EXP Realty 

Email: greg@tcmgrealty.ca 

Phone: 1-613-614-0179

https://www.yourhomeinottawa.ca/ 

If you have a question or topic you'd like to hear us discuss send us an email at: paulgregdave@gmail.com or leave us a comment below! 

New Episodes of the podcast are available on Wednesdays at 10AM on all podcast services and at www.theottawarealestatepodcast.com 

Brought to you by Referral Mortgages, The Campbell-Maric Group, PaulStevenson.ca, Guertin/Poirier Law, Centum Mortgage