On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each week on Fridays throughout the next month. R…

Canada CPI inflation comes in lower, cementing another rate cut from the Bank of Canada. Economist and political insider Dr. Mike Moffatt explains how housing and immigration went so wrong, so quickly, and how to fix it. US jobs data gets revised nearly 1 million jobs lower ahead of Powell speech. Check Out BMO's S&P 500 Index ZSP ETF Here: https:/…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright, you curious, you courageous Herle Burly-ites. It was about one year ago that the federal government got serious about housing and undertook a flurry of announcements. Provinces all have plans to build more homes. Interest rat…

AIR "QUOTES" MEDIA SPECIAL: "THE SMART MONEY’S ON DONALD TRUMP (TO CHEAT)" by Keith Boag __ Alright, you curious, you courageous Herle Burly-ites… the ticket is set: Trump + Vance versus Harris + Walz. And to cover that election, we're bringing our listeners a brilliant journalistic mind and political correspondent legend, Keith Boag! Keith was wit…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright, you curiouser and curiouser Herle Burly-ites! This week, we’re bringing back The Chiefs! Three former Chiefs of Staff to some of Canada’s most accomplished heads of government. Ian Brodie – first Chief of Staff to Stephen Har…

The Liberal government says they will change the temporary foreign worker program to slow immigration further. More signs of a weakening labour market. Canadian banks write off more bad loans. Toronto new home sales plunge to levels we've never seen before. Net zero without Chinese EV's. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3x…

In this conversation, Cara and Mike discuss the financial considerations of having children. They touch on topics such as housing costs, childcare expenses, and the impact on income during parental leave. They also explore the limitations of the government's childcare program and the need for increased availability of affordable childcare options. …

AIR "QUOTES" MEDIA SPECIAL: "THE SMART MONEY’S ON DONALD TRUMP (TO CHEAT)" by Keith Boag __ Alright, you curious, you courageous Herle Burly-ites… the ticket is set: Trump + Vance versus Harris + Walz. And to cover that election, we're bringing our listeners a brilliant journalistic mind and political correspondent legend, Keith Boag! Keith was wit…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright you curious, you courageous Herle Burly-ites! Our show today centers on the passion of my professional life – public polling! So today, a pollster panel, and an end of summer conversation about the state of federal politics. T…

On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each week on Fridays throughout this month. Naama…

There's been a lot of news lately about the low-wage stream of the temporary foreign worker program -- but the high-wage stream has similar problems. In this episode, Cara and Mike explore the types of jobs that are being filled through this stream, and whether the wages offered are truly competitive. They worry about the impact of bringing in fore…

AIR "QUOTES" MEDIA SPECIAL: "CAN HARRIS MAKE HOPE A WINNING MESSAGE AGAIN?" by Keith Boag __ Alright, you curious, you courageous Herle Burly-ites… the ticket is set: Trump + Vance versus Harris + Walz. And to cover that election, we're bringing our listeners a brilliant journalistic mind and political correspondent legend, Keith Boag! Keith was wi…

The UN accuses Canada's foreign worker program as modern slavery. The feds will convert these low skill immigrants to permanent residency status. Real Estate insolvencies surge to highest levels in more than two decades. Consensus calls for more rate cuts from the BoC and the Fed. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 B…

On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each week on Fridays throughout the next month. B…

Canada has seen a significant increase in the number of low-wage temporary foreign workers, raising concerns about the impact on the job market. The low-wage stream of temporary foreign workers is tied to specific employers and is measured relative to the provincial median wage. The government made changes to the program in 2022, allowing more temp…

AIR "QUOTES" MEDIA SPECIAL: "TRUMP, HARRIS, HUBRIS AND A SUDDEN DIPSY-DOODLE" by Keith Boag __ Alright, you curious, you courageous Herle Burly-ites… the ticket is set: Trump + Vance versus Harris + Walz. And to cover that election, we're bringing our listeners a brilliant journalistic mind and political correspondent legend, Keith Boag! Keith was …

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright, you curious, you courageous Herle Burly-ites… the ticket is set: Trump + Vance versus Harris + Walz. And to cover that election, we're bringing our listeners a brilliant journalistic mind and political correspondent legend, K…

The Yen carry trade blows up after BoJ announces surprise rate hike. Markets call for immediate rate cuts. AirBnb data in Canada suggests governments are misguided. Temporary foreign workers surge, pushing youth unemployment higher. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 2023. Based on $11…

On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each week on Fridays throughout the month. Max Go…

Back in 2021, Mike Moffatt wrote: "The top-10 most common ages to leave Toronto are the ten between the ages of 31–35 and 0–4. The single most common age is zero — that is, babies under the age of 1. That’s who is leaving Toronto." Three years later, it's gotten worse. Young Families are leaving big cities across the country. Mike and Cara discuss …

Was the devastation of Jasper National Park avoidable? Who's to blame? What ails the Canadian economy, and how to cut the green tape. Lowering emissions globally will require Canadian LNG. Bond yields tumble, Fed set to cut, financial markets are moving. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, Novem…

On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each week on Fridays throughout the next month. S…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright, you curious, you courageous Herle Burly-ites… We are today, 10 days since 25,000 residents and visitors were evacuated from Jasper National Park, in just 5 hours. We are 8 years from the devastating Fort McMurray wildfires th…

This conversation explores the intersection of the Yes In My Backyard movement and urbanism, focusing on the question of whether the end goal is to legalize or require dense, walkable neighborhoods. Mike and Cara discuss the benefits of walkable neighborhoods, the challenges of legalizing density, and the impact of taxation and development charges.…

The BoC cut rates, highlighting excess supply and concerns over a weakening labour market. The Canadian dollar continues to weaken, with more rate cuts expected. US GDP came in stronger than expected, perhaps delaying any rate cuts in the US. Repo issues brewing in Canada, suggesting collateral concerns are growing at some banks. Check Out BMO's S&…

On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each week on Fridays throughout the next month. S…

Recently, economist Mike Moffatt got into a bit of a Twitter argument with housing advocates who think a land value tax can solve the housing crisis. He doesn’t think so. This conversation explores the idea of a land value tax as a solution to the housing crisis. The hosts discuss the concept of a land value tax, which involves increasing the tax o…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright, you curious, you courageous Herle Burly-ites … welcome to the pod! On the heels of the NATO Summit in Washington, I want to do some real talk on Canada’s stated commitment and the Prime Minister’s comments at the Summit. In t…

Twinkie bets are live! Markets are calling for a rate cut next week and more to come. Lagging shelter inflation could bring CPI even lower. More pain to come for Real Estate developers. Political volatility is increasing. The death of ESG and DEI? Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.ly/3xzrAO8 BMO Global Asset Mgmt, November 202…

On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each week on Fridays. Evan Saskin, an architect a…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Greetings you loyal, you curious Herle Burly-ites! We’ve got a “MP Alert” on the pod today! The Honourable Marco Mendicino has graciously made some time for us. Marco is the long serving — since 2015 — Member of Parliament from Eglint…

A recent Leger poll examined how young Canadians feel about their economic situation, and whether they're getting enough support from the government. Mike Moffatt and Cara Stern discuss the results, which found that millennials and Gen Z feel they are worse off than their parents. They also touch on the perception that politicians prioritize the in…

Foreign direct investment has turned negative in China as capital leaves. The property market is wobbling and threatens to bring deflation to the rest of the world. The devalued Japanese Yen is creating headaches for the Chinese manufacturing sector. What are the implications for Canadians? Loonie Hour Social in Montreal Tickets: https://www.eventb…

Part of the Missing Middle Summit Series On May 23, professionals who work in the industry to develop missing middle housing, as well as those interested in building them, gathered at the Toronto Reference Library for a one-day conference. The Missing Middle podcast team spoke to the presenters and will be sharing those interviews with you each wee…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright, you curiouser and curiouser Herle Burly-ites. Let’s get this pod underway. In the realm of CVs that I’ve seen and determined are far more impressive than mine – that’s a helluva lot of CVs, by the way – today’s guest ranks wa…

The number of temporary foreign workers in Canada has been increasing, and that has led to all sorts of concerns. There’s low youth employment levels, stagnant wages, and industries that rely entirely on low-wage temporary workers to keep prices low. In this discussion, economist Mike Moffatt and journalist Cara Stern talk about the different types…

Home sales in Vancouver & Toronto plummet. Policy makers are doubling down on bad policy. Stories of financial stress are mounting. ISM services index falls to levels last seen during the depths of the pandemic. The presidential election heats up. Tickets to Montreal Loonie Hour Social: https://www.eventbrite.ca/e/loonie-hour-montreal-social-july-1…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Alright, you Herle Burly-ites. A pretty cool show we’ve got for you today. We’re doing a bit of pod crossover, and here’s the reason: Naheed Nenshi became leader of Alberta’s NDP, just 2 weeks ago. Not just by a large margin. Or an ex…

The Ontario Science Centre is no more — at least as Ontarians have known it for the last 55 years. On June 21, the provincial government closed the building, citing an engineering report that said small parts of the roof were unsafe and needed urgent repairs. The government chose to shut everything down rather than try to fix the problems and keep …

If you get deep enough into the conversation about the housing crisis, you're inevitably going to hear the words "single egress". A lot of people, especially in Canada, think that the country is too strict with its stairwell rules, which require multiple exits for almost every multi-storey apartment building. Conrad Speckert, intern architect at LG…

Rent inflation surged pushing the CPI basket higher. The Liberals lose an important by election in Toronto. Will JT resign? Toronto new home sales fall off a cliff. The labour market weakens for new immigrants. The Japanese yen continues to roll lower, a key signpost for the global sovereign debt bubble. Check Out BMO's S&P 500 Index ZSP ETF Here: …

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Greetings, you curiouser and curiouser Herle Burly-ites! An interesting topic on the pod today (one that really doesn’t get enough media coverage)… The Pursuit of Happiness. Dr. Peter Nicholson is making his second appearance here on …

In this discussion, Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern discuss return-to-office plans and the role of politicians in helping local business districts survive. It explores the controversy surrounding the mayor of Toronto's push to get workers back to the office and the potential negative impacts on workers, t…

Cities are taking housing accelerator funds and then raising development fees to crush supply. Canada's population surges again. Living standards have not improved in 7 years. Government muzzles oil and gas companies from promoting fossil fuels. Speculators have a record short position on the loonie. Check Out BMO's S&P 500 Index ZSP ETF Here: http…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. We’re going to get right to it. A deep dive into Ontario Politics and Queen’s Park. The stories and the players. With us to do that, two journalists who know the scene better than most: Steve Paikin and Jessica Smith Cross. Steve is m…

In this discussion, Smart Prosperity Institute economist Mike Moffatt and journalist Cara Stern discuss the idea of a tax break for landlords in the UK who sell their homes to their tenants. They explore the potential impact of this policy and whether it could be applicable in Canada. They also discuss the broader housing crisis and the importance …

In this discussion, Mike and Cara talk to Stephen Smith, executive director of the non-profit Center for Building in North America about how elevators and building codes have contributed to the housing crisis. Stephen describes how elevators in North America are much more expensive than in Europe due to size requirements, technical codes and standa…

The Herle Burly was created by Air Quotes Media with support from our presenting sponsor TELUS, as well as CN Rail. Greetings, Herle Burly-ites! And a happy, pre-rum and coke weekend to you loyal pod listeners. We’ve assembled our #PolicyPanel again to give us their thoughts on what has easily been the most contentious piece from the recent budget:…

US CPI data came in softer than expected but that didn't sway the fed. Projections now call for one cut this year. Producer prices are outright declining. Canadian housing can't be fixed, surging taxes killing development. The pendulum is swinging to the right as voters reject the status quo. Check Out BMO's S&P 500 Index ZSP ETF Here: https://bit.…

Here at the Missing Middle, we get a lot of great listener questions. In this episode, we answer one about whether landlords' expectations play a role in unaffordable rental prices. The conversation discusses the challenges faced by millennials and younger generations in Canada when it comes to homeownership and starting a family. It explores the i…