Canada's Economy Grew. Why Don't Canadians Feel Richer? | Higher Rates, Weaker Dollar
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Canada's economy grew. But did your family actually get ahead?
In our October economic update, Darren and Christina dig into why stronger GDP numbers don't always translate into Canadians feeling richer and why the size of your slice matters more than the size of the economy.
We also discuss the possibility of Bank of Canada rate hikes, inflation, the weaker Canadian dollar and why fixed mortgage rates can rise even when the policy rate hasn't changed.
Plus, we break down what's happening beneath the stock market headlines, the differences across Canada's housing markets, Bitcoin's latest moves, AI agents and stablecoins, and Canadian life insurance industry news.
If you're a business owner, real estate investor or simply wondering why your money doesn't seem to go as far, join us for the episode!
BOOK A CALL WITH US NOW: https://www.controlandcompound.com/contact-us
Show notes:
00:00 - Could Canadian interest rates rise again?
03:32 - Inflation and the weaker Canadian dollar
06:30 - Stock markets, Bitcoin and AI agents
16:52 - Canadian GDP, natural resources and agriculture
23:42 - Housing and rising fixed mortgage rates
27:25 - Life insurance and Control and Compound updates
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