Episode 93: Matt and Taylor are joined by Brendon Ogmundson. Brendon is the Chief Economist at BCREA (BC Real Estate Association) from Vancouver, BC, who's specializes in housing market analysis and macroeconomic forecasting, and is a member of the BC Ministry of Finance’s Economic Forecast Council. Brendon was also recently named one of the most influential economists in BC by Business in Vancouver.

Brendon's 1st Appearance in Episode 35: https://KelownaRealEstate.podbean.com/e/35-brendon-ogmundson/

Brendon's 2nd Appearance in Episode 61: https://youtu.be/QlKVVYUQQCQ

Brendon is here to discuss:
→ How tariffs work, the reasoning behind the US/Canada tariffs, and other ways Canada can target the US.
→ How these tariffs can impact the Canadian economy, inflation and GDP expectations, and where interest rates will go.
→ Who will be most affected in BC, what this means for real estate, and the Canadian dollar.

BCREA Website: https://www.bcrea.bc.ca
Brendon Ogmundson's LinkedIn: https://www.linkedin.com/in/brendon-ogmundson-cfa-69621222/
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CHAPTERS
0:00 Intro
4:41 Today's Guest: Brendon Ogmundson
7:19 Talk to Me Like I'm 5
8:00 Pre-US Election Economy Projections & What are Tariffs?
10:56 What is the Reasoning Behind These Tariffs
16:08 The Impacts on the Canadian Economy
21:43 The Impacts on BC
24:41 Product Surplus vs Inflation Treadmill
26:57 Other Ways Canada Can Target the US
28:48 What Brendon Thinks Will Happen
31:56 A Lower Canadian Dollar
33:04 Bond Yield (Fixed Rate) Predictions
37:06 Outro
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OUR SPONSOR
The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: https://www.c21kelowna.ca
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CONNECT WITH THE SHOW
Kelowna Real Estate Podcast: https://wavve.link/kelownarealestate
Kelowna Real Estate Podcast YouTube: https://www.youtube.com/@KelownaRealEstatePodcast
Kelowna Real Estate Podcast Instagram: https://www.instagram.com/kelownarealestatepodcast/
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CONNECT WITH MATT
Matt Glen's Website: https://www.mattglen.ca
Matt Glen's Email: matt.glen@century21.ca
Matt Glen's Instagram: https://www.instagram.com/mattglenrealestate/
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CONNECT WITH TAYLOR
Taylor Atkinson's Website: https://www.venturemortgages.com
Taylor Atkinson's Email: taylor@venturemortgages.com
Taylor Atkinson's Instagram: https://www.instagram.com/venturemortgages/
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