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Ontario Housing Collapse, Skilled Trades Shortage, and FSRA Actions
Episode 290

Ontario Housing Collapse, Skilled Trades Shortage, and FSRA Actions

Ontario Mortgage & Real Estate Insights Podcast · Sandy MacKay, Steve Hamoen

April 22, 202514m 44s

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Show Notes

In this episode, we begin with a welcome and overview, setting the context for our discussion. A sponsor message from Real Approved Inc. follows. We explore the decline in Canadian housing starts and the collapse of Ontario's market, contrasting it with Alberta's situation. The analysis highlights the skilled trade worker shortage and its impact on construction. We delve into housing affordability issues in Hamilton and Burlington, providing a local perspective. The episode also covers the FSRA's decision to revoke Mortgage Smart Inc.'s license and TD Bank's introduction of a real-time pricing calculator. We conclude with closing remarks and a sponsor acknowledgment, offering listeners a comprehensive view of current market dynamics. (0:00) Welcome and Overview (0:20) Sponsor: Real Approved Inc. (0:40) Decline in Canadian Housing Starts and Ontario's Market Collapse (2:04) Alberta vs. Ontario Housing Market Analysis (3:18) Skilled Trade Worker Shortage Impact on Construction (5:06) Housing Affordability in Hamilton and Burlington (8:29) FSRA Revokes Mortgage Smart Inc. License (11:08) TD Bank's Real Time Pricing Calculator (14:03) Closing Remarks and Sponsor Acknowledgment