The Wise Old Owl Podcast

This week, Vince explores the wide range of issues plaguing the housing market - primarily, the political factors behind the lack of new housing starts. While Federal Officials make broad claims, Vince uses stats and facts to show the truth behind the lack of new housing. For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Canada’s Affordable Housing Plan: 500,000 Homes a Year?! Let’s Get Real.The Canadian government says we’re going to build 400,000 to 500,000 affordable homes per year—but is that even remotely possible? This week, Vince breaks down the cold, hard facts behind Canada’s housing crisis, from construction slowdowns to labour shortages, zoning nightmares, and political red tape. Spoiler: we’re not even close.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Canada is heading to the polls — but this isn't just politics as usual. It's about jobs, mortgages, and whether our economy can survive. With consumer confidence crashing, job losses mounting, and mortgage delinquencies rising across the country, Canadians are asking: Who can lead us out of this economic storm? For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Canada’s housing market and economy are flashing red. In this episode of The Wise Old Owl Show, mortgage expert Vince Gaetano breaks down the surge in Toronto mortgage delinquencies, record-low consumer confidence, rising unemployment, and the sharp slowdown in real estate sales. With a Bank of Canada rate cut expected soon, mortgage rates may drop — but the window to act is short. Whether you're a homeowner, first-time buyer, or mortgage broker, this is your essential 2025 market update to protect your finances and plan smart.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

The April 1st carbon tax reversal by the Canadian federal government is an example of gaslighting 101. After years of defending the carbon tax, Liberal MPs are now celebrating its cancellation. But were they lying then, or are they lying now? This week, Vince dives into the hypocrisy behind the policy flip, the impact on Canadian families, and how this move undermines trust in government and climate action. From broken promises to soaring energy prices, the political fallout of this decision is undeniable.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Canadians are facing significant economic challenges, driven by high inflation and growing uncertainty about a potential recession. Despite the Bank of Canada cutting interest rates, prices remain stubbornly high, putting financial pressure on many households. The ongoing tariffs and trade wars are further complicating everyday life and impacting the broader economy. Meanwhile, the federal government's slowdown in immigration and a rise in asylum claims are reducing the number of non-permanent residents, which is having a direct effect on housing demand and the labor market. Ontario is at the forefront of this economic turmoil, with falling home prices, record-high listings, and a surge in mortgage delinquencies. As 60% of Canadians face mortgage renewals, many will see payment hikes of up to 30%, further straining family budgets. In this video, we break down these critical economic factors and explore what they mean for Canada’s future.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

The Greater Toronto Area (GTA) real estate market is in turmoil, and it’s time to face the reality. Home sales are plummeting, inventory is skyrocketing, and affordability is slipping out of reach for many buyers. In this video, Vince breaks down the cold, hard facts behind the GTA’s real estate decline in March 2025. Whether you're looking to buy, sell, or just stay informed, you won’t want to miss this analysis of the latest trends, stats, and expert insights.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Inflation in Canada is hitting hard, reshaping lives, and altering the economy. From skyrocketing costs of essentials like housing, food, and energy to declining consumer confidence, the impact is undeniable. In 2022, inflation peaked over 8%, and it’s still well above the Bank of Canada’s target rate. With inflation at 2.6% in February 2024, Canadians are struggling to meet day-to-day expenses. As the Bank of Canada attempts to manage this crisis with interest rate adjustments, the delicate balance between economic growth and inflation control is at a tipping point. In this video, we break down the real consequences of inflation, why it matters to every Canadian, and what’s at stake for the future. Join us as we explore the economic turmoil and its effects on our wallets and well-being.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

Canada’s decision to open its doors to uncontrolled immigration was initially aimed at boosting the economy, but it has backfired. Years of mass immigration have led to a severe economic collapse, with a struggling economy, skyrocketing cost of living, and overwhelmed healthcare and employment sectors. The government’s attempt to create a "healthy" economy through immigration has instead created a series of failed policies, and now, with immigration halted and residency harder to attain, Canada’s housing market and rental market are under extreme pressure. In this video, we break down how Canada’s uncontrolled immigration has devastated jobs, healthcare, and the economy, and what it means for the country’s financial stability moving forward.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/

This week, Vince breaks down the devastating impact of Donald Trump's trade tariffs on Canada's economy, from plummeting consumer confidence and a 7% drop in the loonie to rising costs of living and falling mortgage rates. With businesses slamming the brakes on investment and housing sales freezing, the country is heading into a recession due to the unpredictability of these tariffs. As the cost of groceries, cars, and imported goods rises, and with interest rates dropping in response to economic panic, Canada faces a financial crisis that’s only getting worse.For more information, be sure to visit https://www.owlmortgage.ca/ & https://wealthbuilders.realpm.ca/