Things Are Going to Be Tough for Canada’s Economy: An Interview with Robert Kavcic

An expert look at Canada’s economy to get some insight into how the broader macroeconomic trends might impact Canada’s housing market in the months ahead.

We’ll discuss how Canada’s booming population is masking what is really happening in Canada’s economy, why the Bank of Canada may not cut rates even if we are in a recession and how high interest rates might impact Canada’s housing market in the months and years ahead.

My guest today is going to help us unpack all of these latest economic trends. Robert Kavcic is Senior Economist and Director Economics at Bank of Montreal and specializes in analyzing real estate trends.


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John Pasalis is President and Broker of Realosophy Realty in Toronto. A specialist in real estate data analysis, John’s research focuses on unlocking micro trends in the Greater Toronto Area real estate market. His research has been utilized by the Bank of Canada, the Canadian Mortgage and Housing Corporation (CMHC) and the International Monetary Fund (IMF).

A leader in real estate analytics, Realosophy educates consumers at Realosophy.com and MoveSmartly.com and helps clients make better decisions when buying and selling a home.

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