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Canada’s #1 Podcast for Entrepreneurs by Entrepreneurs. We talk to the entrepreneurs who are making it happen throughout Canada. Finally, a national podcast company that creates an active online community for entrepreneurs by entrepreneurs so they can stay connected locally and to let the world know how Entrepreneurs in Canada make things happen. Check us out on YouTube at https://www.youtube.com/canadaspodcast
Episodes
Thursday Sep 26, 2024
Thursday Sep 26, 2024
Paul Atherton is the CEO and Co-Founder of Highspire, a premier learning experience for construction company owners, complemented by a powerful venture capital division. With a wealth of experience as a seasoned business coach and professional engineer, Paul has been guiding businesses toward success since 2017. His expertise is deeply rooted in the construction industry, where he has made significant contributions across North America and China, working with clients in key sectors such as onshore/offshore oil and gas, mining, and manufacturing.
Beyond his leadership at Highspire, Paul is a long-time advisor in the construction sector, known for his strategic insight and ability to drive growth and innovation. His commitment to excellence, coupled with his industry-spanning experience, has established him as a trusted figure in helping companies navigate complex challenges and achieve their strategic goals.
Entrepreneurs are the backbone of Canada’s economy. To support Canada’s businesses, subscribe to our YouTube channel and follow us on Facebook, Instagram, LinkedIn and Twitter.
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Tuesday Sep 24, 2024
Tuesday Sep 24, 2024
Hanson Zhang is one of the owners of Three Bridges Group, a real estate development company. As a Chinese immigrant who moved to Canada 14 years ago, Hanson is captivated by nature's beauty and the Canadian people's warmth. However, the awe-inspiring Niagara Falls left a lasting impression on his family during their North American tour in 2008 before they immigrated As Three Bridges one of their projects is to build a stunning mega mixed-use complex in front of Niagara Falls that matches the natural wonder's beauty. They have purchased the property already and aim to create a space that will serve our beloved tourists in the best possible way.
Entrepreneurs are the backbone of Canada’s economy. To support Canada’s businesses, subscribe to our YouTube channel and follow us on Facebook, Instagram, LinkedIn and Twitter.
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Thursday Sep 19, 2024
Thursday Sep 19, 2024
Renata Reid, a seasoned Sales Associate and Senior Vice President of Sales with 20+ years in Calgary's real estate scene. is a Certified Luxury Home Marketing Professional and Global Real Estate Advisor. She seamlessly blends marketing prowess with senior sales savvy.
A Calgary resident for 21+ years, Renata brings an intimate grasp of the local market. Her commitment to excellence, coupled with a straightforward and sophisticated humor, sets her apart. Renata excels in tailored marketing and exceptional negotiation, making her the go-to for condos, residences, or luxury properties.
Her approach combines thoughtful advice, honest opinions, and unwavering integrity. A top-performing senior agent, Renata fosters trust with her approachable personality.
Committed to the community, she supports local organizations like The Calgary Emergency Women’s Shelter, Canadian Christian Outreach, Rotary Club, Calgary Food Bank, and Mustard Seed.
Renata's passion for unique open houses with live music and special guests adds flair to her real estate expertise. Strategic pricing and a touch of wit make her the ideal choice for those selling their homes.
Active in running, kayaking, and cross-country skiing, Renata mirrors her enthusiasm for the communities she serves. Choosing Renata means a seasoned professional with a dash of wit for an enjoyable real estate journey.
Entrepreneurs are the backbone of Canada’s economy. To support Canada’s businesses, subscribe to our YouTube channel and follow us on Facebook, Instagram, LinkedIn and Twitter.
Want to stay up-to-date on the latest #entrepreneur podcasts and news? Subscribe to our bi-weekly newsletter
Tuesday Sep 17, 2024
Tuesday Sep 17, 2024
Victoria Taylor, hailing from Vancouver, Canada, is the marketing consultant you want on your entrepreneurial journey. With nine years of experience and a sharp focus on the tech, SaaS, and fintech sectors, she’s not just talking the talk—she’s walking the walk. As the founder of Xisme, Victoria is revolutionizing how businesses create and interact with content. Her professional journey has taught her that success is about more than just hitting targets; it’s about embracing challenges and growing with them. Whether leading workshops or executing game-changing strategies, Victoria brings her unique blend of expertise, wit, and no-nonsense advice to every project. Tune in as she shares the real lessons she’s learned from her path to becoming a successful entrepreneur.
Entrepreneurs are the backbone of Canada’s economy. To support Canada’s businesses, subscribe to our YouTube channel and follow us on Facebook, Instagram, LinkedIn and Twitter.
Want to stay up-to-date on the latest #entrepreneur podcasts and news? Subscribe to our bi-weekly newsletter
Sunday Sep 15, 2024
Sunday Sep 15, 2024
Tuesday Sep 10, 2024
Tuesday Sep 10, 2024
Liran Belenzon is the CEO of BenchSci, a biomedical artificial intelligence company he co-founded in 2016. BenchSci’s mission is to exponentially increase the speed and quality of life-saving research, by empowering scientists to design more successful experiments.
BenchSci has grown to over 300 people and raised more than $200 million from top investors, including Google's Gradient Ventures and F-Prime. BenchSci works with 15 of the world's top 20 pharma companies, over 4,300 academic institutions, and more than 40,000 scientists. As CEO, Liran strives to inspire people to be the best version of themselves and to make a positive impact on the world. Liran emigrated to Toronto, Canada, and completed his MBA at The University of Toronto’s Rotman School of Management. While at Rotman, he worked in the Creative Destruction Lab (CDL), where he met BenchSci co-founders Tom Leung, David Chen, and Elvis Wianda. As a passionate entrepreneur, Liran envisions a future where Toronto and Canada are global leaders in entrepreneurship.
Entrepreneurs are the backbone of Canada’s economy. To support Canada’s businesses, subscribe to our YouTube channel and follow us on Facebook, Instagram, LinkedIn and Twitter.
Want to stay up-to-date on the latest #entrepreneur podcasts and news? Subscribe to our bi-weekly newsletter
Thursday Sep 05, 2024
Thursday Sep 05, 2024
Celine Guo, based in Toronto, Canada, is a dynamic entrepreneur and content creator. After graduating from Boston University's Media Ventures program, she bootstrapped her skincare and lifestyle brand, Sunday Glow, in 2020. Within two and a half years, she grew it into a seven-figure business. Celine continues to drive the expansion and success of Sunday Glow with her innovative vision and strategic expertise.
Entrepreneurs are the backbone of Canada’s economy. To support Canada’s businesses, subscribe to our YouTube channel and follow us on Facebook, Instagram, LinkedIn and Twitter.
Want to stay up-to-date on the latest #entrepreneur podcasts and news? Subscribe to our bi-weekly newsletter
Wednesday Sep 04, 2024
Wednesday Sep 04, 2024
Nick Palucci, Senior Director, Home Equity Finance Acquisition & Distribution, RBC, discusses a recent report indicating home ownership is still a goal for many Canadians despite affordability challenges and inflation.
The video interview can be seen here.
Nick Palucci
PRESS RELEASE
TORONTO, April 23, 2024 – Despite affordability challenges and inflation continuing to impact how and when Canadians buy a home, confidence in making the move to purchase a home is rising. According to RBC’s 30th annual Home Ownership Poll, conducted among Canadians under the age of 65, 60% believe owning a house or condo is a good investment (up from 53% in 2023) and 29% are looking to buy in the next two years (up from 22% in 2023). Two-thirds (64%) say they have always dreamed of owning a home.
At the same time, the research found that half (50%) of Canadians say inflation is eroding their ability to save for a home. This challenge is acutely felt among those planning to purchase a home within the next two years. Among these potential buyers, there has been a 37% decrease in the total amount they have saved to put towards buying a home. Among those who have saved some amount, 36% say they aren’t putting aside money every month for a home purchase (up from 8% in 2023). Even with this setback, 41% of overall potential home buyers say it will take them four years or less to save enough for a down payment.
“Canadians have a lot of headwinds to face as they look to purchase a home today, whether they are a first-time buyer or searching for their next home,” says Janet Boyle, senior vice president, Home Equity Finance & Newcomer Strategy, RBC. “While affordability anxiety remains, our research found that many home buyers are exploring different approaches to realize their dream of home ownership.”
Canadians explore various strategies to cover the cost of home ownership
Despite it being harder to save for a home, potential buyers are searching for additional ways to supplement their savings. The majority (57%) say they would need a side hustle or second job and more than a quarter (27%) have had to or would have to live with their parents longer to afford a home. Almost half (45%) also say they would need to overhaul their spending and saving habits to buy a home.
Family also continues to play a big role, with 62% saying financial support from family is necessary to buy a home and 19% saying they have or will need to buy a home with their family/parents. But support from family might not always be available with 39% of respondents saying they want to give family members money for housing or rent, yet can’t afford to do so. The majority (54%) also say they would prefer to have their child/family live with them to help them save money rather than provide financial support.
Mounting costs and inflation putting pressure on next-time home buyers
Two-thirds (66%) of next-time home buyers (i.e. those who currently own a home and are likely to buy again in the next two years) are concerned about covering the costs of home ownership. Additionally, half (51%) of next-time home buyers say they are worried about their ability to buy their next home due to inflation.
The research also found that three-quarters of next-time home buyers (76%) believe the housing market in their community is overpriced. Two-thirds (64%) say they wouldn’t be able to purchase their first home in today’s market and the same proportion (64%) believe they would need to move out of the city they are currently living in if they wanted to buy a larger home.
Newcomers are eager to buy in the near future
Among newcomers who arrived in Canada in the past five years, 73% say they have always dreamed of owning a home and 65% say they are likely to purchase one in the next two years (compared to 29% nationally). The majority also believe there is only a small window of time to take advantage of lower house prices (56%).
“Whether it’s your first or next home, with so many decisions to make it’s easy to feel overwhelmed when thinking about buying a home,” adds Boyle. “Whether in person or online, getting expert advice and having conversations early can help take a lot of the unknowns and stress out of the home buying process. Having a financial expert on your side who has a full picture of your finances can also help you build a home buying plan that aligns with your finances, goals and lifestyle.”
RBC resources to help home buyers at every step:
RBC True House Affordability Tool: See how much home you may be able to afford and learn about different mortgage options.
RBC Home Value Estimator: See what your current home may be worth today.
My Money Matters: Whether you are looking to buy your first home, second home, or even an investment property, you can find answers to all your mortgage financing and refinancing questions and helpful resources through RBC’s new online resource hub.
Houseful, an RBC Company: From finding a home to financing one, Canadians can simplify their home buying experience with everything they need in one place. Get access to customized home searches, local real estate agents, affordability tools, RBC mortgage specialists and financing under one roof.
2024 RBC Home Ownership Poll
RESPONSE
CAN
BC
AB
SK /
MB
ON
QC
AC
NTHB
Newcomers
% Agree – Base: All Respondents
Always dreamed of owning a
home
64 %
64 %
54 %
66 %
66 %
64 %
65 %
66 %
73 %
Rising inflation is causing me to
save less for buying a home
50 %
51 %
51 %
58 %
50 %
51 %
44 %
64 %
68 %
Would need a side hustle or
second job to afford a home
57 %
62 %
58 %
62 %
60 %
47 %
53 %
51 %
75 %
Have/will need to live with my
parents longer to save enough
to buy a home
27 %
32 %
25 %
30 %
31 %
20 %
19 %
30 %
46 %
Would need to overhaul my
spending and saving habits to
buy a home
45 %
52 %
43 %
50 %
45 %
38 %
48 %
51 %
49 %
Financial support from family is
necessary to buy a home
nowadays
62 %
67 %
64 %
58 %
68 %
51 %
56 %
64 %
69 %
Have/will buy a home with my
family/parents (co-ownership)
19 %
23 %
13 %
20 %
22 %
14 %
13 %
33 %
41 %
Prefer to help my family/child
save money by letting them live
with me rather than help them
directly financially
54 %
51 %
53 %
55 %
58 %
51 %
51 %
64 %
61 %
We only have a small window of
time to take advantage of lower
house prices
34 %
36 %
32 %
36 %
39 %
26 %
36 %
50 %
56 %
Housing market in my
community is overpriced
77 %
85 %
65 %
76 %
79 %
73 %
82 %
76 %
72 %
% Selected – Base: All Respondents
Buying a house or condo is a
good investment
60 %
67 %
60 %
59 %
62 %
50 %
59 %
79 %
79 %
Likely to buy in the next two
years
29 %
31 %
31 %
31 %
30 %
27 %
21 %
100 %
65 %
In terms of inflation, concerned
about covering the costs of
home ownership
58 %
60 %
61 %
65 %
63 %
43 %
60 %
66 %
76 %
In terms of inflation, concerned
about my ability to buy a home
44 %
52 %
40 %
41 %
47 %
36 %
39 %
51 %
71 %
Would give family members
money for housing or rent, but
can’t afford to do so
39 %
40 %
40 %
32 %
39 %
42 %
39 %
30 %
40 %
% “Agree” – Base: Homeowners
While I already own a home, I
don’t believe I would be able to
purchase my first home in
today’s market
69 %
75 %
64 %
63 %
72 %
65 %
76 %
64 %
54 %
If I want to own a home/larger
home, I likely will have to move
out of the city I’m living in now
51 %
67 %
44 %
43 %
56 %
43 %
47 %
64 %
57 %
*NTHB – next-time home buyers (i.e. those who currently own a home and are likely to buy again in the next two years)
About the Survey
An online survey of 2,824 Canadians aged 18 to 64 was completed between January 25 and February 23, 2024, using Leger’s online panel. No margin of error can be associated with a web panel. For comparative purposes, a probability sample of 2,824 respondents would have a margin of error of ±1.8%, 19 times out of 20.
Disclaimer
This news release is intended as general information only and is not to be relied upon as constituting legal, financial or other professional advice. A professional advisor should be consulted regarding your specific situation. The information presented is believed to be factual and up-to-date but we do not guarantee its accuracy and it should not be regarded as a complete analysis of the subjects discussed. All expressions of opinion reflect the judgment of the authors as of the date of publication and are subject to change. No endorsement of any third parties or their advice, opinions, information, products or services is expressly given or implied by Royal Bank of Canada or any of its affiliates.
About RBC
Royal Bank of Canada is a global financial institution with a purpose-driven, principles-led approach to delivering leading performance. Our success comes from the 94,000+ employees who leverage their imaginations and insights to bring our vision, values and strategy to life so we can help our clients thrive and communities prosper. As Canada’s biggest bank and one of the largest in the world, based on market capitalization, we have a diversified business model with a focus on innovation and providing exceptional experiences to our more than 17 million clients in Canada, the U.S. and 27 other countries. Learn more at rbc.com.
Mario Toneguzzi
Mario Toneguzzi is Managing Editor of Canada’s Podcast. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He was named in 2021 as one of the Top 10 Business Journalists in the World by PR News – the only Canadian to make the list. He was also named by RETHINK to its global list of Top Retail Experts 2024.
About Us
Canada’s Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast.
With hosts in each province, entrepreneurs have a local and national format to tell their stories, talk about their journey and provide inspiration for anyone starting their entrepreneurial journey and well- established founders.
The commitment to a grass roots approach has built a loyal audience on all our social channels and YouTube – 500,000+ lifetime YouTube views, 200,000 + audio downloads, 35,000 + average monthly social impressions, 10,000 + engaged social followers and 35,000 newsletter subscribers. Canada’s Podcast is proud to provide a local, national and international presence for Canadian entrepreneurs to build their brand and tell their story
businessCanada's Number One Podcast for EntrepreneursentrepreneursentrepreneurshipHomeownershipHomesReal Estatesmall business
Wednesday Sep 04, 2024
Wednesday Sep 04, 2024
While average residential sale prices are likely to increase in the majority markets analyzed, there are a couple of outliers where prices are anticipated to be flat or decline, including Toronto, Hamilton, Burlington, Kitchener-Waterloo, Charlottetown, North Bay and London, it said.
The report said 25 per cent of Canadians expressed that saving for a home purchase is one of their top three priorities when it comes to financial savings, despite high cost of living and affordability challenges.
In a video interview, Christopher Alexander, President of RE/MAX Canada, talks about the company’s latest report – the Fall Housing Market Outlook. The video can be seen here.
PRESS RELEASE
TORONTO, Sept. 3, 2024 /CNW/ — With the long-anticipated decline in interest rates finally starting to materialize, early indicators from RE/MAX brokers and agents across Canada suggest steady housing market activity this fall. Average sale prices across all housing types are expected to increase between one and six per cent in the majority of regions by year’s end, according to RE/MAX’s 2024 Fall Housing Market Outlook.
Ahead of the next Bank of Canada (BoC) interest rate announcement on September 4, two in 10 Canadians (16 per cent) said they will feel more comfortable engaging in the real estate market once they see there is more than a 100-basis-point cut to the BoC’s lending rate between now and the end of the year, according to a Leger survey commissioned by RE/MAX as part of the report.
Chris Alexander
“The fall market is usually a good early indicator for activity as we look ahead to early 2025, and we’re headed toward more healthy territory. With interest rates starting to ease, buyers are beginning to come off the sidelines,” says Christopher Alexander, President, RE/MAX Canada. “That’s not to say the fall market will be in full swing according to historic standards. Consumers will drive that trend, so we’ll need to see a bigger move by the Bank of Canada for that to happen.”
Consumer Sentiments Going into the Fall Market
Ahead of further anticipated interest rate cuts by the Bank of Canada, it seems that even the mere prospect of lower rates has boosted confidence among first-time homebuyers, with one-quarter of Canadians (25 per cent) actively saving for a home purchase and confident they will be able to buy soon (with the majority being younger Millennials and Gen Zs aged 18-24, at 35 per cent). On the flipside, dropping interest rates now may prove too little, too late for some current homeowners, with 14 per cent saying they need to renew their mortgage soon, and with the current higher interest rate, they may need to sell their home.
When it comes to financial savings, the Leger survey revealed that while a home purchase is listed among the top three priorities for 25 per cent of Canadians, it has taken a back seat to day-to-day expenses such as utilities and food (58 per cent), and travel (45 per cent).
In the search for affordability, one-quarter of Canadians say that they are considering moving to another country (28 per cent) and 25 per cent say they are reconsidering whether to have children or start a family due to housing affordability challenges.
“Despite some consumer confidence starting to return to the market this season, the reality is Canadians are still grappling with some serious housing affordability challenges rooted in lack of supply. Yes, borrowing is becoming less expensive, but this won’t make housing affordable in the long run,” says Alexander. “Markets ebb and flow, and as buyers re-enter the market and absorb inventory, we’ll see more upward pressure on price.
“Ultimately, for the long-term health of Canada’s housing market, we need a national housing strategy developed in collaboration between all levels of government, that’s more strategic and visionary in how we can use existing lands and real estate to boost supply. In the meantime, buyers would be wise to work with an experienced real estate agent to help navigate those cyclical market ups and downs that often accompany this push and pull of supply and demand.”
Regional Market Insights
As part of the 2024 Fall Housing Market Outlook Report, RE/MAX brokers and agents in Canada were asked to share an analysis of their local market between January and July 2023 and 2024 and share their estimated outlook for fall 2024. The majority of regions (76 per cent) anticipate an increase in sale price between one to six per cent, including Greater Vancouver Area, BC; Calgary, AB; Edmonton, AB; Saskatoon, SK; Winnipeg, MB; Halifax, NS; St. John’s Metro, NL; Truro/Colchester, NS; Fredericton, NB; Timmins, ON; Sudbury, ON; Brampton, ON; Mississauga, ON; Niagara, ON; Ottawa, ON; Durham, ON; Barrie, ON; Muskoka, ON; Peterborough, ON; York Region, ON; Kingston, ON; Windsor, ON, and Thunder Bay, ON. Exceptions to the upward trend include Toronto, ON; Hamilton, ON; Burlington, ON; and Kitchener-Waterloo, ON, where a moderate decline between two and three per cent is expected, and Charlottetown, PEI; North Bay, ON, and London, ON, where prices will likely remain flat.
When it comes to listings, a majority of regions surveyed (82 per cent) saw the number of listings increase between 2.3 and 34.7 per cent between January and July (2023 – 2024). The number of sale transactions also increased between 3.1 and 7.4 per cent in Atlantic Canada, 3.4 to 30.9 per cent in Western Canada, and between 0.6 and 14.8 per cent in Ontario, except for some larger Ontario markets like Toronto, Brampton, Durham Region, Mississauga, Peterborough and York Region, where sales trended downward.
According to RE/MAX brokers’ insights, 33 per cent of housing markets are expected to be seller’s markets, but this may shift as competition increases and market conditions evolve.
To view the regional data table, click here.
Western Canada and Prairies
The Prairies continue to skew towards a seller’s market (Edmonton, AB; Calgary, AB; Saskatoon, SK) which is consistent with 2023, except for Winnipeg, MB, which is a balanced market. On the other hand, in Western Canada, inclusive of the Greater Vancouver Area, BC, and Kelowna, BC, a mix of balanced and buyer’s markets are anticipated. Heading into the fall, prices are forecasted to increase by two to six per cent in regions like the Greater Vancouver Area, BC, and Kelowna, BC; Calgary, AB; Edmonton, AB; Saskatoon, SK; and Winnipeg, MB. Sale transactions are anticipated to increase by five to 15 per cent in the Greater Vancouver Area, BC; Edmonton, AB; and Winnipeg, MB; and a decrease of one per cent in Saskatoon, SK, due to inventory shortages, while Calgary, AB anticipates sales will remain flat. RE/MAX broker feedback in Regina, SK indicates that many factors will dictate how the market pans out for the remainder of the year, including government election cycles, The Bank of Canada interest rate announcements and inventory levels. Historically, Regina, SK sees the markets cool from mid-September through the end of the year.
All markets in Western Canada and The Prairies – apart from the Greater Vancouver Area, BC – continue to experience supply challenges, with increased activity in the market, as consumers benefit from recent interest rate cuts. Lower mortgage rates have bolstered consumer confidence in the market but paired with low supply, RE/MAX brokers and agents in the region are reporting aggressive offers in conjunction with sellers raising asking prices for residential homes.
Ontario
Despite The Bank of Canada’s interest rate cuts, low housing supply continues to impact multiple markets across Ontario, keeping prices high. However, some buyers are gaining more confidence as mortgage rates decrease and are slowly re-entering the market heading into fall, keeping prices relatively stable in comparison to the year prior. Housing supply is expected to become a larger issue once further interest rate cuts motivate buyers on the sidelines to re-enter the market and spark more competition.
Although some homebuyer confidence is starting to return, buyers in Toronto remain hesitant as affordability continues to be a challenge, especially for first-time homebuyers.
Across Ontario, 12 regions are expecting average residential prices to remain flat or increase modestly heading into the fall. Increasing markets include Timmins, Sudbury, Brampton, Mississauga, Thunder Bay, and Barrie (each rising five per cent), Peterborough, York Region and Kingston (rising three per cent), Niagara (up two per cent), Durham Region and Ottawa (up one per cent), and London (rising a nominal 0.5 per cent). The outliers to this upward trend are Toronto, Kitchener-Waterloo, Hamilton, and Burlington, which are expecting a price decrease.
In Ontario, seven markets are expected to experience balanced conditions this fall, while four are anticipated to be seller’s markets, and five are buyer’s markets. Four markets are expecting a mix, with three buyers/balanced conditions, and one sellers/balanced market.
Atlantic Canada
Echoing similarities to other regions across Canada, Atlantic Canada is also reporting low inventory supply and increased competition when it comes to buyer activity. Buyers are competing aggressively on affordable housing and new listings, causing prices to spike. This is likely a result of current supply challenges and an increase in out-of-town buyers from Western and Central Canada.
Unlike in 2023, average residential prices in Atlantic Canada are expected to increase for the remainder of year, by five per cent in Truro and Colchester, NS, one per cent in Halifax, NS, 1.5 per cent in St. John’s Metro, NL, and two per cent in Fredericton, NB, while Charlottetown, PEI is anticipated to remain flat. All markets in Atlantic Canada with the exception of Charlottetown – which is a buyer’s market – are considered to be seller’s markets.
Quebec
Like other regions across the country, Montreal’s housing shortage coupled with interest rates have resulted in a seller’s market, with buyers making multiple offers on properties to remain competitive or opting to wait on the sidelines. Pricing and marketing are crucial for sellers looking to attract hesitant buyers.
Additional survey findings:
Majority of Canadians (77 per cent) believe steps taken by municipal, provincial, and federal governments to improve housing inventory and affordability are not enough to solve our affordability crisis and more needs to be done
60 per cent of Canadians believe building more diverse types of housing are the key to solving Canada’s housing supply challenges
For 16 per cent of Canadians, rising cost-of-living and affordability challenges have not deterred them at all, and they plan to purchase another home beyond their primary residence soon (or have recently)
40 per cent of Canadians feel Canada is one of the best countries in the world to purchase/invest in real estate (notably this number is higher at 52 per cent, for new Canadians that have been in Canada for less than 5 years)
One-third of Canadians (32 per cent) said they are relying on their home as their only financial plan for retirement.
About Leger
Leger is the largest Canadian-owned full-service market research firm. An online survey of 1,530 Canadians aged 18 years or older, was completed between August 9 and 11, 2024, using Leger’s online panel. Leger’s online panel has approximately 400,000 members nationally and has a retention rate of 90 per cent. A probability sample of the same size would yield a margin of error of +/-2.5 per cent, 19 times out of 20.
About the RE/MAX Network
As one of the leading global real estate franchisors, RE/MAX, LLC is a subsidiary of RE/MAX Holdings (NYSE: RMAX) with more than 140,000 agents in almost 9,000 offices with a presence in more than 110 countries and territories. RE/MAX Canada refers to RE/MAX of Western Canada (1998), LLC and RE/MAX Ontario–Atlantic Canada, Inc., and RE/MAX Promotions, Inc., each of which are affiliates of RE/MAX, LLC. Nobody in the world sells more real estate than RE/MAX, as measured by residential transaction sides.
RE/MAX was founded in 1973 by Dave and Gail Liniger, with an innovative, entrepreneurial culture affording its agents and franchisees the flexibility to operate their businesses with great independence. RE/MAX agents have lived, worked and served in their local communities for decades, raising millions of dollars every year for Children’s Miracle Network Hospitals® and other charities. To learn more about RE/MAX, to search home listings or find an agent in your community, please visit remax.ca. For the latest news from RE/MAX Canada, please visit blog.remax.ca.
Mario Toneguzzi
Mario Toneguzzi is Managing Editor of Canada’s Podcast. He has more than 40 years of experience as a daily newspaper writer, columnist, and editor. He was named in 2021 as one of the Top 10 Business Journalists in the World by PR News – the only Canadian to make the list. He was also named by RETHINK to its global list of Top Retail Experts 2024.
About Us
Canada’s Podcast is the number one podcast in Canada for entrepreneurs and business owners. Established in 2016, the podcast network has interviewed over 600 Canadian entrepreneurs from coast-to-coast.
With hosts in each province, entrepreneurs have a local and national format to tell their stories, talk about their journey and provide inspiration for anyone starting their entrepreneurial journey and well- established founders.
The commitment to a grass roots approach has built a loyal audience on all our social channels and YouTube – 500,000+ lifetime YouTube views, 200,000 + audio downloads, 35,000 + average monthly social impressions, 10,000 + engaged social followers and 35,000 newsletter subscribers. Canada’s Podcast is proud to provide a local, national and international presence for Canadian entrepreneurs to build their brand and tell their story
#business #CanadasNumberOnePodcastforEntrepreneurs
#entrepreneurs #entrepreneurship #Homes #Housing #RealEstate #smallbusiness