Real Estate YouTuber Mats Moy set to appear on March 4 edition of AvranceCorp Presents

TORONTO, ONTARIO – MARCH 2, 2026 —Canadian real estate agent, content creator, and digital influencer Mats Moy will be featured on the March 4 episode of AvranceCorp Presents.

 

As a licensed real estate agent with eXp Realty, Brokerage – Toronto, Moy has built a growing online presence by creating accessible, informative content that breaks down complex real estate trends for a broad audience. In addition to his real estate services, Moy’s platform blends timely market analysis, practical advice, and community-focused insights, helping everyday Canadians make informed property decisions.

 

Moy is expected to discuss current real estate trends and share his thoughts on the market so far in 2026.

 

“I’m excited to join AvranceCorp Presents to talk about what’s really going on in Canadian real estate and to help viewers take away actionable insights they can use,” Moy said. “From market dynamics to smart buying strategies, my goal is to empower individuals with the knowledge they need to achieve their homeownership and investment goals.”

 

Through his multi-channel content, Moy has become a recognized voice among Canadians seeking clarity and confidence in their real estate decisions. His local expertise and educational approach has helped him stand out in a crowded digital landscape, making this appearance highly anticipated among both industry peers and the broader public.

 

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp Developments YouTube channel.

 

About Kamelot Productions

 

Founded and led by creative entrepreneurs Arthur Kade and Joe DeCandido, Kamelot Productions is a full-service production company specializing in innovative FPV drone content, cinematic video production, and cutting-edge visual experiences. With a portfolio spanning commercial campaigns, brand storytelling, and digital media projects, the company is known for pushing the boundaries of what’s possible in contemporary visual content creation.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact:

 

Kenai Andrews

Director, Media & Investor Relations

AvranceCorp Developments

📧 kenai@avrancecorp.com

📞 647-368-8888

American Kamelot Productions co-founders Arthur Kade and Joe DeCandido drop by on AvranceCorp Presents

TORONTO, ONTARIO – FEBRUARY 24, 2026 — AvranceCorp Presents is set to welcome Arthur Kade and Joe DeCandido, co-founders of the American production company Kamelot Productions, to the Feb. 25 show.

 

Kamelot Productions is known for its cutting-edge first-person view (FPV) drone work and content creation across many platforms, including real estate. Kade and DeCandido are expected to discuss their journey in the production company space and the various services they provide to the world of real estate.

“We’re thrilled to join AvranceCorp Presents to share how Kamelot Productions approaches visual storytelling with purpose and precision,” Kade said to host Kenai Andrews. “This platform is a great opportunity to discuss how emerging tech like FPV drones is empowering creators and brands to tell stories that truly stand out.”

 

“We look forward to engaging with the AvranceCorp audience about what’s next for our company and the broader production landscape,” DeCandido added. “There’s a lot happening at the intersection of technology, creativity, and business and this conversation will highlight that momentum.”

 

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp Developments YouTube channel.

 

About Kamelot Productions

 

Founded and led by creative entrepreneurs Arthur Kade and Joe DeCandido, Kamelot Productions is a full-service production company specializing in innovative FPV drone content, cinematic video production, and cutting-edge visual experiences. With a portfolio spanning commercial campaigns, brand storytelling, and digital media projects, the company is known for pushing the boundaries of what’s possible in contemporary visual content creation.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact:

 

Kenai Andrews

Director, Media & Investor Relations

AvranceCorp Developments

📧 kenai@avrancecorp.com

📞 647-368-8888

B.C. realtor David Wiebe shares thoughts on 2025 Squamish real estate market

TORONTO, ONTARIO – FEBRUARY 18, 2026 — Despite experiencing a slowdown in real estate activity in 2025, B.C. realtor David Wiebe pointed to rising prices in Squamish as an indication for market optimism on the Feb. 18 edition of AvranceCorp Presents.

 

According to the 2021 Canadian Census, the population of Squamish is approximately 30,000 people with an annual growth rate of three per cent. It is one of the top 10 fastest growing communities in Canada with its proximity to the mountains and Northern Vancouver being major factors.

 

 

“It was a pretty slow year if we are looking at averages. 2025 compared to different years,” Wiebe explained to AvranceCorp Presents host Kenai Andrews. “It wasn’t a great year for real estate, but things in general still went up in Squamish in 2025.”

 

“That is different than the markets around us,” Wiebe added. “Whistler, can’t say the same, Vancouver can’t say the same. Those are the markets that I watch, Squamish being the closest. The market was okay in Squamish and bucked the trend for the markets around us. I believe that is because Squamish is slightly insulated right now.”

 

“The demand for living in Squamish is reasonably high,” Wiebe continued. “It will be interesting to see how Squamish performs in 2026 relative to the rest of the province of British Columbia given its insulation as a desirable living community.”

 

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp Developments YouTube channel.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact:

Kenai Andrews

Director, Media & Investor Relations

AvranceCorp Developments

📧 kenai@avrancecorp.com

📞 647-368-8888

AvranceCorp Presents welcomes B.C. realtor David Wiebe

TORONTO, ONTARIO – FEBRUARY 17, 2026 — AvranceCorp Presents is pleased to welcome David Wiebe, a leading realtor based in the Squamish, B.C. region of Canada, to the February 18 edition.

 

Known for his community roots, market expertise, and client-first philosophy, and love of skiing, Wiebe brings a objective perspective on a region that also borders Whistler, and Northern Vancouver.

 

According to the 2021 Canadian Census, the population of Squamish is approximately 30,000 people with an annual growth rate of three per cent. It is one of the top 10 fastest growing communities in Canada with its proximity to the mountains and Northern Vancouver being major factors.

 

Wiebe is expected to share his thoughts on the local real estate market in 2025 and share some early impressions for 2026.

 

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp Developments YouTube channel.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact:

Kenai Andrews

Director, Media & Investor Relations

AvranceCorp Developments

📧 kenai@avrancecorp.com

📞 647-368-8888

Realtor Linda Pinizzotto set to appear on AvranceCorp Presents

TORONTO, ONTARIO – FEBRUARY 3, 2026 – Realtor Dame Linda Pinizzotto is scheduled to appear on the Feb. 4 edition of AvranceCorp Presents.

 

Owner of the Linda Pinizzotto Real Estate Group, Pinizzotto has over 40 years of experience in real estate in the Greater Toronto Area and in 2010 founded the Condo Owners Association, a non-profit association which helped spur the Ontario government to create the “Build a Better Condominium Act” in 2012.

 

Active in various charity functions outside of real estate, Pinizzotto is a recipient of the King Charles III Coronation Pin and is the first female general manager in Canadian junior hockey.

 

Pinizzotto is expected to share her thoughts on the current real estate market in North America and other current events such as the Bank of Canada deciding to keep the overnight mortgage rate unchanged at 2.25 per cent.

 

“I am very excited to be on AvranceCorp Presents,” Pinizzotto said. “Real estate is my passion, and I’m thrilled to talk about it all with Kenai.”

 

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp Developments YouTube channel.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact:

Kenai Andrews

Director, Media & Investor Relations

AvranceCorp Developments

📧 kenai@avrancecorp.com

📞 647-368-8888

AvranceCorp Developments Celebrates 10 Years of Growth, Innovation, and Impact

TORONTO, ONTARIOJANUARY 26, 2026 AvranceCorp Developments proudly marks its 10th anniversary, celebrating a decade of growth, innovation, and commitment to shaping forward-thinking real estate and development projects across the region.

 

Founded in 2016 by founder Samuel Babarinde, AvranceCorp Developments began with a clear vision: to deliver thoughtfully designed developments that balance quality, functionality, and long-term value. Over the past ten years, the company has grown from a small, entrepreneurial venture into a respected name in the development space, recognized for its strategic approach, strong partnerships, and results-driven execution.

 

“Reaching our 10-year milestone is a moment of pride and reflection for our entire team,” AvranceCorp Developments vice chairman and acting CEO Ravi Thakur said. “This anniversary represents not just time in business, but the relationships we’ve built, the projects we’ve delivered, and the trust our partners and clients have placed in us.”

 

Throughout the past decade, AvranceCorp Developments has several projects in various stages in development across Ontario. This includes the Georgia Bay Terrace and Georgia Bay Harbour projects in Meaford, the Springbank Lux in London, and Toronto’s T City Townhouse and Condos Phase I and II.

 

Beyond bricks and mortar, AvranceCorp Developments has prioritized building a strong internal culture and maintaining a hands-on leadership approach. The company credits its success to a dedicated team, collaborative partners, and a willingness to evolve alongside the real estate market.

 

“As we look ahead to the next decade, our focus remains on disciplined growth, innovation, and delivering projects that stand the test of time,” Babarinde said. We’re excited about what’s next and grateful to everyone who has been part of our journey so far.”

 

There are many new things in the AvranceCorp Developments pipeline for 2026, including its TradeREA Xchange, a real estate digital platform that allows the trading of real estate assets via fractional tokenization.

 

To commemorate the 10th anniversary, AvranceCorp Developments will be highlighting both past accomplishments and future ambitions.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact:

Kenai Andrews

Director, Media & Investor Relations

AvranceCorp Developments

📧 kenai@avrancecorp.com

📞 647-368-8888

Are condo fees too high? Property Manager Noel Clubb weighs in on AvranceCorp Presents

TORONTO, ONTARIO — JANUARY 23, 2026 — Condo fees continue to garner scrutiny particularly from condo owners in the Greater Toronto Area. Property manager Noel Clubb recently appeared on AvranceCorp Presents and shared his perspective.

 

Clubb has over 20 years of experience as a property manager, working with companies like Brookfield and H&R Reit in the Greater Toronto Area (GTA).

 

So, are condo fees too high?

 

“Actually, that is not the right question,” Clubb explained. “It is the rents that are high, not the condo fees, to be clear.  I will explain the condo question first,” Clubb said.

 

“Condo fees are based on: If the condo has a pool, or other amenities (for example) that ‘drive up operating costs. The condo fee reflects how many units the condo corporations have.

 

“With the condo fees, the management company of the condo corporations pay the bills of the operating costs,” Clubb continued. “Whatever the board approved in terms of short term or long-term projects and incurred costs.

 

“So for example, if one lives in a big condo building with a pool and amenities, their condo fees would be higher, reflecting all of those higher operating costs of a larger condo building.”

 

“I myself, when I lived in condos, moved into a small low-rise condo building with no pool or amenities, so the condo fees were much lower.”

 

Condo fees typically can add as much as $1000 to the average monthly cost of a condo. They are typically calculated by factors like unit size, increased property values, condo facilities and amenities, and the financial health of the building. They are regulated provincially by elected boards. In Ontario, that board is the Condominium Board of Ontario (CAO).

 

“Condo fees go to the condo corporations ‘Reverse Fund,’” Clubb said. “That is the total wealth of that condo corporations’ overall budget. That is determined through the Condo Management Corporation management and the elected board of directors (of those condo corporations) in terms of what they can do financially and what they cannot do financially, for improvement projects.

 

“The correct question really is: ‘Why are rents so high in Toronto?’ Clubb asked. “We have had a limited supply for many decades and now we have low vacancy rates. The population growth of the city and area creates further demand in a scarce market. There are also greedy landlords. Most landlords in Ontario (both private owners and corporation owners) charge higher rents than the market value, upwards to 45 per cent higher than the market value.

“This obviously drives rents even higher.”

 

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp Developments YouTube channel.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

 

Media Contact:

Kenai Andrews

Director, Media & Investor Relations

AvranceCorp Developments

📧 kenai@avrancecorp.com

📞 647-368-8888

How AvranceCorp Developments CEO Samuel Babarinde and church member Angela Carboni walked the path of understanding together

It was in early November 2024, where the brisk Toronto air carried a sense of renewal as AvranceCorp Developments CEO Samuel Babarinde stepped onto the grounds of 3100 Weston Road, a site long familiar to members of the local church community.

 

The property, lush with mature trees and bordered by the gentle bend of the Humber River—had been a gathering place, a backdrop for community picnics, youth programs, charity drives, and a sanctuary of quiet reflection.

 

For Angela Carboni, a long-standing and deeply respected member of the church of St. Basil, the grounds were more than land. They were memories, ministry, and legacy. As whispers of redevelopment began circulating earlier that year, she became the unofficial voice of the congregation, determined to see the future of the land grounds, previously sold to AvranceCorp by the church for $16.5 million dollars in August 2023, treated with reverence.

 

Their meeting wasn’t born out of conflict but out of necessity. AvranceCorp, having ambitious plans to bring 480 units of much-needed affordable housing to Toronto’s northwest, needed clarity and cooperation. The church community, protective of their historic space, needed assurances and respect.

 

The two met on a cool November afternoon with open minds. Babarinde, known for his hands-on business approach and ability to balance development vision with community sensitivity, arrived prepared to listen. Carboni, equally composed and resolute, carried years of lived experience within the community.

 

Over several hours of dialogue, both at the 3100 Weston Road grounds and at the AvranceCorp office, cautiousness quickly melted into consensus. Both realized they were serving the same community, and while the physical space might change, its spirit did not have to be lost.

 

An agreement was forged, away from the bright lights of media cameras and the watchful eyes of journalists.

 

AvranceCorp would grant permission to Carboni and the church members to use the 3100 Weston Road grounds two days a month. It was a simple agreement, that recently celebrated its first anniversary as of November 2025.

 

“I honoured the days he (Babarinde) gave me,” Carboni said appreciatively in a recent interview with AvranceCorp. “I didn’t cross the lights … we don’t want to disrupt anybody or make anyone upset. We never did, from the beginning. So, we honoured it and there’s been no problems.”

 

It’s a wonderful story of mutual respect that many can learn from.

 

“It’s been fine, we worked together,” Carboni added. “I listened. He (Babarinde) gave me that opportunity. The people that come are very grateful. Everything’s been good. I’m glad.

 

“This is the way it should be.”

 

A moment of understanding.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

 

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
📧 kenai@avrancecorp.com
📞 647-368-8888

 

Previous Press Releases

Why the church of St. Basil passed the 3100 Weston Road torch to AvranceCorp Developments

When AvranceCorp’s name first appeared on the transfer papers in August 2023, the headline felt like a hinge being turned.

 

The estate at 3100 Weston Road—long known to older neighbourhood residents as Rivermede, and to many others for the Marian Shrine of Gratitude, was more than a parcel of land.

 

It was a layered place: a 1930s Tudor-Revival estate set in the Humber River valley; a monastery and school site for decades; and a shrine that drew visitors for prayer and quiet reflection. Those layers made the sale a story that would unfold at the intersection of heritage, faith, community activism, and urban need.

 

The years before the sale had already tattooed the property with stories. Rivermede’s main house and its terraced gardens were the work of an earlier Toronto era, built in the early 1930s for the Gardiner family and sited deliberately on the valley’s slope so the river and trees felt like part of the home. In 1958, the Ukrainian Basilian Order acquired the estate; for much of the latter 20th century the monastery and its associated school anchored a pocket of spiritual life and social service in the north end of the city. Out of that spiritual stewardship grew the Marian Shrine of Gratitude: a carefully landscaped devotional terrace with statues, stonework, and volunteer caretakers who tended the site and kept it open to strangers and worshippers alike.

 

When AvranceCorp’s purchase became public in 2023, reaction split along predictable lines. Some residents and advocates saw opportunity: a major site close to transit and open space could be a place for new, denser housing in a city that desperately needed it. But others saw loss. The possible erasure of gardens, of quiet prayerful spaces and historic architecture. Some rallied quickly. The Marian Shrine attracted petitions and vocal campaigns to preserve its stone terraces; local councillors and heritage advocates began poring over the property’s past in search of legal levers to protect what the community valued.

 

But few knew just how difficult the decision of the church to sell 3100 Weston Road actually was. Looking at an Aug. 16, 2023  St. Basil the Great of St. Josaphat press release, the church noted several factors in the decision to sell, including declining membership and the realization that the Basilian monastic community was “no longer viable.”

 

“The decision to close the Basilian Apostolate in the Toronto area was not made lightly,” the release said. “After several years of preliminary discussions and much prayer and reflection, a resolution to close this Apostolate was passed at the Order’s Provincial Chapter in February 2016 and was confirmed by the General Superior of the Basilian Order in Rome, along with his Council.”

 

“This resolution was also carried forward and passed at the Order’s Provincial Chapter in February 2020 and was once again confirmed by the General Superior of the Basilian Order in Rome, along with his Council.”

 

Armed with iron-clad approval from all levels of its hierarchy, the church implored its membership to find more constructive ways to be of service other than protesting, acknowledging that “public access to the monastery grounds (including the ‘prayer garden’, ‘shrine’, etc.) is restricted as it becomes the private property of the new owners.”

 

In the church press release, the church informed its congregation that “the religious articles in the prayer garden (i.e., Stations of the Cross, candle stands, statues, etc.) will be reverently removed from the site and, if possible, donated to other groups that can make use of them. In other words, the “Shrine” is permanently closed.”

 

Meanwhile, AvranceCorp began the familiar, slow work that follows any large acquisition: environmental and heritage assessments, site surveys, meetings with city planning staff, and outreach to community groups. Public records and city staff reports that followed in late 2024 and early 2025 would describe the house and grounds in technical language, architectural features, landscape assets, floodplain boundaries, but the conversations in community halls and church basements were about memory and access: would people still be able to walk the paths behind the sanctuary? Would the stonework of the shrine be kept intact? Could new housing co-exist with the quiet that had drawn generations to the site?

 

Heritage advocates pushed the city of Toronto to formally evaluate the estate for protection. Neighbourhood volunteers kept maintenance going at the shrine and organized vigils and petitions. City councillors fielded calls from constituents and prepared motions that referenced both the architectural value of the house and the cultural significance of the shrine. This was not a simple developer vs. community story; it became a layered civic negotiation about what gets preserved, what gets repurposed, and who sits at the table when those decisions are made.

 

For AvranceCorp, the practical imperative was pressing: Toronto needs housing, and large sites near transit and natural amenities are rare. Over the next year the company advanced proposals that tried to thread that needle, designs that concentrated new units on less sensitive portions of the parcel, landscape plans that preserved tree corridors, and promises of community space.

 

By late 2024 and into 2025, those proposals hardened into formal plans and public engagement processes. At the same time, municipal staff issued notices and background reports that documented Rivermede’s architecture and landscape history, which in turn shaped what elements of the site the city signaled it wanted to see retained or commemorated in whatever comes next.

 

And in a November 2024 development that local media never saw coming, an agreement was forged by church leader Angela Carboni and AvranceCorp Development CEO Samuel Babarinde.

 

That agreement, which granted Carboni and the church members use of the 3100 Weston Road grounds two days a month, recently celebrated its first anniversary.

 

Today, many eyes remain on the 3100 Weston Road grounds. But as time has passed, hope and expectations have increased in a challenging Canadian financial climate.

 

By the end of the period that started with the purchase of 3100 Weston Road by the church in 1958 to the 2023 sale to AvranceCorp, the story of 3100 Weston Road had become a case study in how cities evolve. A single estate, its house, its monastery history, its shrine, and its treed grounds, prompted debates about historic preservation, about who benefits from redevelopment, and about the moral responsibilities of developers working on culturally charged land.

 

AvranceCorp continues to work towards its goals of affordable housing with its various projects at 3100 Weston Road.

 

The torch has been passed. And AvranceCorp Developments is prepared to run with it.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

 

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
📧 kenai@avrancecorp.com
📞 647-368-8888

 

Previous Press Releases

Sherwood Mortgage Group’s Joe Ferraro breaks down the problem of trying to predict 2026 mortgage rates

In the best of economic times, trying to predict mortgage rates in Canada can be like trying to hold water in your hands.

 

That’s why experts like Sherwood Mortgage Group Level Two mortgage agent Joe Ferraro like to approach rates with caution for first-time homebuyers or clients looking to renew their mortgage.

 

“It all about the education,” Ferraro said on the Dec. 3 edition of AvranceCorp Presents. “It’s all about putting yourself in their shoes. What would you want someone to tell you? Don’t be a yes man. Don’t give them answers that are going to make them feel overly confident or overly comfortable. Tell them the truth. This is the market that we’re in right now. This is what’s potentially on the horizon.”

Currently, a five-year fixed insured mortgage rate in Ontario can be as low as 3.74 per cent, while a five-year variable insured mortgage rate in Ontario can be as low as 3.45 per cent. There are several factors that can influence mortgage rates, including market uncertainty with the American tariffs, inflation, unemployment, and bond yields.

 

“Because if inflation is high, the rates are probably going to be high,” “If unemployment is low or high, it affects the (mortgage) rate,” Ferraro explained. “It all depends on when we get inflation down, which we have. Once inflation gets down, the rate starts dropping.”

 

“There was the old adage: When it’s low rates, it’s high house prices. When it’s high rates, it’s lower house prices. It’s a different world for buyers and sellers. This is one of the few times in history where we’re not seeing that. People were so used to the pandemic rates, in the 1.3s and 1.4s that there was a big sticker shock with people renewing in 2025 and 2026 in the 3s and 4s. But if you look at the average over the last 25 or 30 years, we’re okay. People got too accustomed to the 1.4 or 1.3 or 1.69 variable that after five years, the world changed.”

 

It promises to be an interesting new year in particular for those looking to renew their mortgage.

 

“We’re looking at early to mid 2026 is similar to what we’re seeing right now,” Ferraro said. “They’re (economists) anticipating a tempered spring market. There are so many renewals coming up and the renewal shock. Remember, people in 2026 are renewing five-year mortgages from 2021, pandemic time. People at the 1.4 or 1.3 are going to be renewing at current market rates which are sitting in the low to mid 4s. So whatever amount of money they put to towards that mortgage, you better hope it wasn’t just interest-only or principal was paid down, because that balance now after five years is going to be paid at a much higher amount, whether it’s monthly, bi-weekly, or whatever payment terms they have.”

 

Meanwhile, many eyes are on Canadian prime minister Mark Carney and American president Donald Trump and the upcoming discussions regarding the USMCA trade agreement, which has a mandatory joint review scheduled for July 2026. The American tariffs significantly affected the Canadian economy in 2025, with Canadian company Algoma Steel being the most recent to announce layoffs.

 

“Don’t let anyone ever tell you they know the interest rates pattern,” Ferraro summarized. “Hundreds of people I have spoken to far more experienced than me have all been wrong. No one can predict it. No one could have predicted the pandemic. And everyone thought when the pandemic happened, that mortgage rates were going to go through the roof. They went the opposite way.  They plummeted. And then the Bank of Canada flat-out said we have no reason to raise rates, rates will remain low until further notice. And then in a blink of an eye, they sky rocketed up.”

 

AvranceCorp Presents airs Wednesdays at 2:00 p.m. ET on the AvranceCorp YouTube channel.

 

About AvranceCorp Developments

 

AvranceCorp Developments is a Toronto-based real estate development company with a $4B+ portfolio and 7,000+ residential units in active development. Guided by urban planning principles and a commitment to innovation, AvranceCorp delivers communities that balance affordability, sustainability, and investor value.

Media Contact

 

Kenai Andrews
Director, Media & Investor Relations
AvranceCorp Developments
📧 kenai@avrancecorp.com
📞 647-368-8888

 

Previous Press Releases