Mark Carney just admitted the last decade of energy policy was a total bust and didn't fit economic reality, so we're breaking down his massive pivot on Canadian oil and gas. We also hit on the US-Iran deal being a temporary play for the midterms, the stock market ditching tech for safe-haven sectors, and the economic mess left behind after Canada, the US, and Mexico missed their big July 1st trade deadline.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/looniehourSchedule a call with IceCap Asset Management: https://icecapassetmanagement.com/contact/✉️ Media & Real Estate Inquiries: [email protected] 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 Introduction02:38 Why Nuclear Is Canada's Competitive Advantage05:24 Canada's Push Toward New Nuclear Projects09:26 Public Fear Versus Nuclear Reality10:40 Europe's Heat Wave & Air Conditioning Debate17:20 Climate Policies Versus Human Comfort17:57 Mark Carney's Major Energy Announcement20:09 The Political Cost of Energy Policies25:14 Canada's Massive Economic Opportunity31:53 Current Accounts, Trade, and National Wealth34:29 Oil & Gas, and Economic Reality36:20 What Happens to the Loonie38:30 US Midterms Predicament39:11 Geopolitical Outlook & Peace Deal42:50 Understanding the Oil Crack Spread44:37 Can Commodity Markets Be Manipulated?48:54 What Happens If Bond Markets Collapse55:27 The Cost of Long-Term Uncertainty57:13 Brexit Parallels and Economic Lessons59:27 Why None of This Is PositiveDisclaimer: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 #carney

The Canadian Condo Bailout lands in Vancouver, & Dan Foch fills us in. Which condos will the government buy, and is it going to be good value for tax payers? These are the questions we are trying to unravel. Energy expert Mike Rothman joins the show to share the details of why oil is being underestimated, and where he thinks it’s heading.Check out the latest Loonie Hour Substack post here!https://open.substack.com/pub/looniehour/p/canadas-big-short-moment?r=2g3ok&utm_campaign=post&utm_medium=web&showWelcomeOnShare=trueCheck out Mike Rothman's Macro Energy research at https://www.cornerstoneanalytics.com/index.htmlStart 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: [email protected] 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 Introduction04:46 Introducing Our Guests!05:26 The Canadian Condo Bailout Begins07:29 Kevin Warsh & The Feds08:41 Prepare For Volatility13:41 The Problem With Government Intervention16:07 Condo Program Breakdown17:18 Who Benefits From The Bailout?19:52 Why Investors Wouldn't Buy First?23:34 Dog Crate Condos and Falling Demand24:46 Could Prices Fall Another 50~75%30:42 Wasting Government Spending31:48 Housing Policy and Unintended Consequences36:01 Canada's Real Estate Identity Crisis40:32 Transition to Mike Rothman41:47 Canadian Oil Bull Case42:57 Responding to Anti-Oil Narratives44:19 Oil Became Politically Toxic50:28 Supply Constraints Are Getting Worse53:21 Why Energy Investment Never Came Back56:27 Russia, Ukraine, and Energy Geopolitics59:11 Europe's Energy Mistakes1:00:17 Long-Term Commodity Supercycles1:05:17 Cushing Crude Stocks Explained1:06:31 Physical Markets vs Financial Markets1:12:05 Why Markets Ignored The Signs?1:18:09 Green Energy Realities vs Oil Demand1:20:52 Why Oil Still Matters For Decades?1:25:06 Economic Cost of Inaction1:28:11 Lessons From Global Credit Crisis1:32:18 Canada's Future Growth Potential1:35 What Canada Needs To Do Next?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 #canada #macroeconomics

The Canadian government is rushing to pass sweeping regulations that will change privacy and social media forever. The US and Iran reach an agreement. Oil tumbles. The Fed signals rate hikes are coming. 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: [email protected] 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 Introduction05:11 The Push for New Speech Laws07:49 Bill C-2, Bill C-22 and Government Overreach15:44 Sam Cooper Joins the Show17:04 Canada's New Laws Lack of Coverage20:39 China's Influence and Interference?25:47 UK Speech Crackdown Comparison30:32 Bill C-22's Data Collection Concerns35:28 Canada's Strategic Position41:25 Privacy Rights, Surveillance & Government Tracking49:20 Charter Rights, Legal Costs & Unequal Justice55:58 Chinese Organized Crime58:16 Canada's Money Laundering Problem1:02:44 Immigration, Politics & Public Sentiment1:06:42 Global Conflict, Commodities & Inflation1:10:47 Federal Reserve Communication Changes1:15:01 What the Fed Is Really Signaling?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 #canada #carney

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: [email protected] 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

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: [email protected] 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://[email protected] 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

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: [email protected] 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

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: [email protected] 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

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: [email protected] 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

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: [email protected] 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

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: [email protected] 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