ABOUT THIS EPISODE
The Bank of Canada says the Canadian economy is beginning to improve, inflation has fallen to 2.8%, the TSX has reached another all-time high and Canadian consumers continue to spend.
So why does the economic outlook still feel so uncertain?
In the August 2026 Economic Update, Darren and Christina break down the proposed 50% U.S. tariffs on certain Canadian products, the latest movement in the Canadian dollar, what's driving the Canadian and American stock markets, and why major institutions continue buying Bitcoin.
They also examine the growing disconnect between the federal government's promise to build 500,000 homes annually and CMHC's forecast that Canadian housing starts will decline over the next several years.
Darren also digs into the newly opened Gordie Howe International Bridge, why the project is great news for Canadian trade and the unanswered questions surrounding the revised revenue-sharing agreement with the United States.
Plus, they discuss the difference between mortgage insurance and personally owned term insurance, Manulife's growing use of AI, Control & Compound's new Instagram account and the episodes coming in August.
*** Follow the new official Control & Compound Instagram account: @controlandcompound_
Show notes:
00:00 - Canada's August Economic Update
03:54 - Bank of Canada Holds Interest Rates
06:42 - Inflation Falls but Groceries Keep Rising
08:15 - What's Pushing Down the Canadian Dollar?
10:30 - The TSX Outpaces the S&P 500
15:02 - Bitcoin Rebounds as Institutions Keep Buying
18:54 - Canada's Housing Market Begins to Stabilize
20:55 - The Government Promised 500,000 Homes a Year
23:13 - The Gordie Howe Bridge Is Officially Open
25:42 - Questions About the Revised Bridge Agreement
30:38 - Trump's Proposed 50% Tariffs
32:34 - Some Positive News for Canada's Economy
34:36 - Term Insurance Versus Mortgage Insurance
37:04 - How Manulife Is Using AI
39:07 - Control & Compound's New Instagram Account
41:18 - Recent Episodes and What's Coming in August
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