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Steve Saretsky
43.2K posts
Steve Saretsky
@SteveSaretsky
Real Estate aficionado. Vancouver Realtor & investor. Host of The Loonie Hour podcast.
Vancouver, BC เข้าร่วม Mart 2010
865 กำลังติดตาม67.6K ผู้ติดตาม
Steve Saretsky รีทวีตแล้ว
Steven Guilbeault May 15, 2025: claims less than half of the Trans Mountain pipeline’s capacity is being used, we don’t need new infrastructure
Transmountain hit 96% capacity in November, volume of crude to be exported will exceed pipeline space for about a month by this summer and will consistently exceed space on export lines by summer next year
financialpost.com/commodities/en…
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Things are going from bad to worse in BC under @Dave_Eby. Another Moodys downgrade over "deterioration in long-term fiscal management relative to our previous assessment."
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Bank of Canada saying the quiet part out loud. House prices need to come down to become more affordable.
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And has now declined for the 2nd consecutive quarter.
Ben Rabidoux@BenRabidoux
Unprecedented times in Canada as population turns negative on a y/y basis for the first time in our country's history
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Steve Saretsky รีทวีตแล้ว
Another potential issue is emerging from the controversial Cowichan land title ruling regarding properties in parts of Richmond.
globalnews.ca/news/11735464/…
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DRIPA does not need to be amended, it needs to be repealed entirely.
Juno News@junonewscom
Premier Eby says amendments to DRIPA, on Indigenous relations, are delayed because of an ongoing court appeal. He plans to introduce the changes soon. "If we want to grow the economy, we need strong partnerships with First Nations," Eby says. "It's required by the Constitution."
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Steve Saretsky รีทวีตแล้ว
Canada's total non-financial sector debt (all govt + business + household) hit 314% of GDP in 2025....near the top of the heap globally.
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Precursor for the Bank of Canada.
The Spectator Index@spectatorindex
BREAKING: Reserve Bank of Australia raises interest rate by 25 basis points
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Canada is now a net importer of electricity. Yet you have governments in BC banning cheap and abundant natural gas in new homes.
Heather Exner-Pirot@ExnerPirot
The electricity abundance and affordability that Canada has enjoyed for decades are ending. Generation is down, exports are now imports, and investment is flat. Canada’s impending electricity shortage is not just an affordability crisis; it is an economic and security one as well. Pleased to launch this paper at @ippsaconference today /1 macdonaldlaurier.ca/wp-content/upl…
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@dan_grice Last I heard a good chunk of lenders are out, as are the appraisers. Although it’s not like those properties are going to catch a bid anyway
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@SteveSaretsky FCC backed? It’s can’t see them or CMHC backing out, but your appraisals may be temporary stigmatized.
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If you think the BC housing market is weak right now, our team had several more buyers put their search on hold due to ongoing uncertainty over various First Nations land claims.
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@dan_grice Well good luck getting a mortgage in the Richmond / cowichan lands…
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@SteveSaretsky There has not been a successful claim on private property in Canadian history - nor are banks making an issue of this. Unfortunately, that some want to make this an issue is another blow to consumer confidence.
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@BassiKaram I mean it’s part of the Musqueam agreement if that’s what you’re asking
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@SteveSaretsky I guess that makes sense
Do you think Burnaby will also be affected?
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@SteveSaretsky I’ve had some interesting chats about this. I gotta be honest I would be hesitant to purchase anything as well
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@SteveSaretsky Are you sure it wasnt the affordability crisis caused by the Iran war?
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@SteveSaretsky Could you say whether it relates to federal or provincial agreements/negotiations?
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@mortimer_1 @CraigKeatingNV Do it Craig, I’ll cover your notary fees.
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@CraigKeatingNV Put your money where your mouth is and voluntarily register aboriginal title on your property. Let us know when you have done so.
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Get bent! You don't want free speech - you want speech you agree with.
You say say that we "need to stop doing land acknowledgements right now" (x.com/NVanCaroline/s…).
These acknowledgments only state the simple truth of history that a) First Nations have traditionally occupied land in BC and b) that they have not ceded it through Treaty or through conquest by colonial governments (and I defy the learned Dr. Elliott to show that this is not the case).
What a hypocrite! What a snow flake
Caroline Elliott@NVanCaroline
Stand up for basic freedoms and the NDP calls you “far right.” I won’t back down. No one should face massive penalties just for expressing their views. Join the movement to defeat the NDP: 👉 WinForBC.ca
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