Palace Place is Toronto’s most luxurious waterfront condominium residence, featuring every conceivable 5-star amenity, including valet parking, a private shuttle to downtown, and a Les Clefs d’Or concierge.
Palace Place has been featured as the cover story in July’s Curb Appeal Magazine.
If you would like a copy, contact Luke at: LDALINDA@DALINDA.NET
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The condo market has taken a punch over the last year due to low confidence in the market from the delayed resolution of the remaining trade issues between Canada and the USA, but Palace Place, when marketed properly, has proven resilient, as astute buyers recognize its quality of construction, wide range of spacious suites, and the most beautiful views ever.
In these times of market uncertainty, it takes experience to get the deal done.
Luke Dalinda has almost 3-decades of encyclopedic knowledge in selling at Palace Place.
Let Luke Dalinda get the deal done for you.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
As we have reported on these tariff disputes from the very beginning, even having broken the news on X.com about Trump’s stark “Take it or Leave it” letters, President Trump has just slammed Canada with 35% “Take it or Leave it” tariffs.
The reason that we have been so vocal on this issue is because the ongoing trade negotiations with the United States have created uncertainty, impacting consumer confidence and leading to a noticeable slowdown in real estate activity. This has affected property values and the home equity that so many Canadians rely on.
We have been committed to keeping you informed with timely updates, empowering you to make sound financial decisions to protect your investments. In fact, our reporting on X.com on this issue has gone viral repeatedly, garnering over 582,000 views, 8,800 likes, and 1,700 shares.
Canada had every warning and chose only to frustrate and prolong the inevitable. Eric Trump has repeatedly counselled on X, “I wouldn’t want to be the last country that tries to negotiate a trade deal with @realDonaldTrump. The first to negotiate will win – the last will absolutely lose. I have seen this movie my entire life…”
Other countries had moved quickly to secure U.S. trade deals, as Canada had remained complacent and apathetic.
Contrast this with the United Kingdom, Canada’s mother country, which had wisely seized the opportunity to secure a trade deal with the U.S. early on. The UK’s foresight should be commended. Meanwhile, Canada—despite being the second-smallest G7 economy—had failed to follow suit, blinded by arrogance.
The countries who had failed to negotiate and who were issued these stark ultimatums include:
Canada – 35%
Philipines – 20%
Brunei – 25%
Moldova – 25%
Algeria – 30%
Iraq – 30%
Libya – 30%
Sri Lanka – 30%
Brazil – 50%
Japan – 25%
South Korea – 25%
Malaysia – 25%
Kazakhstan – 25%
South Africa – 30%
Laos – 40%
Myanmar – 40%
Tunisia – 25%
Bosnia – 30%
Indonesia – 32%
Bangladesh – 35%
Serbia – 35%
Cambodia – 36%
Thailand – 36%
Philippines – 20%
Brunei – 25%
Moldova – 25%
Algeria – 30%
Iraq – 30%
Libya – 30%
Conservative leader, Pierre Poilievre, has stated in response:
The latest tariff threats are another unjustified attack on Canada’s economy. Canada has long been a reliable partner and trusted friend to the United States. These tariffs will damage both our countries. All Canadians must come together to defend our economy. Conservatives stand ready to do everything we can to secure the best deal for Canada by the July 21 deadline the Prime Minister has set. Our country stands united.
President Trump has been clear that once these letters have been issued, we will have passed the point of no return.
In response, Mark Carney has unilaterally decided to change the deadline for trade negotiations from July 21 to August 1, without any US concurrence.
Carney has stated:
Throughout the current trade negotiations with the United States, the Canadian government has steadfastly defended our workers and businesses. We will continue to do so as we work towards the revised deadline of August 1. Canada has made vital progress to stop the scourge of fentanyl in North America. We are committed to continuing to work with the United States to save lives and protect communities in both our countries. We are building Canada strong. The federal government, provinces and territories are making significant progress in building one Canadian economy. We are poised to build a series of major new projects in the national interest. We are strengthening our trading partnerships throughout the world.
For anyone thinking Canada has leverage, think again. President Trump has already said he will match any tariffs and taxes with reciprocal tariffs and taxes.
In fact, Canada’s exports to the USA account for approximately 20% of its GDP, while US exports to Canada represent about 1.7% of its GDP. This makes Canada roughly 12 times more reliant on the US market than the US is on Canada. The US could potentially offset the loss of Canadian exports within a few quarters of economic growth.
Even if Prime Minister Mark Carney negotiated new trade deals with each G7 member other than the U.S., namely France, Germany, Italy, Japan, and the United Kingdom, the combined economic size of these countries would not match that of the United States. Based on 2024 IMF data, the GDP of these five G7 nations totals approximately $17.5 trillion, while the U.S. GDP stands at around $28.8 trillion. This means their combined economic output is only about 61% of the U.S. GDP, falling short by roughly $11.3 trillion, highlighting the significant gap in economic scale.
Understanding these realities and that negotiations have faltered indicate that economic uncertainty could persist, further impacting property values. That’s why we’re dedicated to providing you with clear, actionable insights to navigate these turbulent times.
The current trade challenges have underscored the direct link between economic confidence and real estate. Sitting idly by isn’t an option when your financial future is at stake.
Be sure that you SUBSCRIBE to this blog to be the first to know of new listingseven before they hit MLS! Stay tuned. The Subscribe link is to the left of this post.
Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Palace Place, 1 Palace Pier Court, Suite 1203 – $2,299,000
Luxury without compromise. Suite 1203 is an exalted, flow-through condominium residence, with 1,985 square feet of opulent living space, 2-bedrooms, 2-bathrooms, and infinite water views in every direction framed by celestial city views painting the sky to the east and tranquil lake vistas to the west. This trophy suite offers a rare blend of space, serenity, and sophistication in the sky.
Contact Luke Dalinda now for your exclusive opportunity to tour this incredible opportunity!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Palace Place, 1 Palace Pier Court, Suite 4302 – $1,199,000
Suite 4302 is an immaculate condominium residence, with approximately 1,186 square feet of luxury living space, 2-bedrooms, and immersive views of the lake, the city skyline, and High Park.
Contact Luke Dalinda now for your exclusive opportunity to tour this incredible opportunity!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Palace Place, 1 Palace Pier Court, Suite 804 – $699,000
The only 1-bedroom suite style with a water view!
Suite 804 is a stunning, renovated condominium residence, with approximately 790 square feet of living space, 1-bedroom, and the most enchanting water views. The parking spot includes EV charging!
Contact Luke Dalinda now for your exclusive opportunity to tour this incredible opportunity!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
This Canada Day, we celebrate our nation’s resilience amid the most challenging economic times.
The ongoing trade negotiations with the United States have created uncertainty, impacting consumer confidence and leading to a noticeable slowdown in real estate activity. This has affected property values and the home equity that so many Canadians rely on.
We have been committed to keeping you informed with timely updates, empowering you to make sound financial decisions to protect your investments.
With the critical July 21 deadline approaching, the outcome of these trade talks could reshape the Canadian economy overnight. A favorable deal could restore confidence, spark renewed interest in real estate, and drive a significant increase in home and condo prices. Now may be the ideal time to invest in property before the market rebounds.
However, we also recognize the risks. If negotiations falter, economic uncertainty could persist, further impacting property values. That’s why we’re dedicated to providing you with clear, actionable insights to navigate these turbulent times.
The current trade challenges have underscored the direct link between economic confidence and real estate. Sitting idly by isn’t an option when your financial future is at stake.
Let’s work together to align your investments with the values of opportunity and stability that define Canada.
Happy Canada Day, and here is to a stronger, more prosperous future!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
Mark Carney has rescinded the Digital Services Tax that has caused President Trump to call off trade negotiations with Canada, buckling under the pressure.
Carney has re-committed Canada to securing a trade deal with the US on the remaining trade issues by July 21, 2025.
“In our negotiations on a new economic and security relationship between Canada and the United States, Canada’s new government will always be guided by the overall contribution of any possible agreement to the best interests of Canadian workers and businesses. Today’s announcement will support a resumption of negotiations toward the July 21, 2025, timeline set out at this month’s G7 Leaders’ Summit in Kananaskis.”
– Mark Carney
Assuming President Trump agrees, Canada could have a path toward resolution after this most embarrassing setback.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
The breakdown came from yet another daft, backstabbing move by Mark Carney to enforce a Digital Services Tax (DST) of 3% on American companies like Amazon, Airbnb, and Google, with a retroactive payment of $2B due immediately.
This tax had first been conceived by Justin Trudeau. It has faced major opposition ever since across the board, including from the Business Council of Canada, who has said, “We warned this DST would endanger our relationship with our top trading partner.”
In response, President Trump has canceled all trade negotiations with Canada.
We have just been informed that Canada, a very difficult Country to TRADE with, including the fact that they have charged our Farmers as much as 400% Tariffs, for years, on Dairy Products, has just announced that they are putting a Digital Services Tax on our American Technology Companies, which is a direct and blatant attack on our Country. They are obviously copying the European Union, which has done the same thing, and is currently under discussion with us, also. Based on this egregious Tax, we are hereby terminating ALL discussions on Trade with Canada, effective immediately. We will let Canada know the Tariff that they will be paying to do business with the United States of America within the next seven day period. Thank you for your attention to this matter! – President Trump, June 27, 2025 at 1:44 PM
To date, Carney has yet to respond.
For anyone thinking this gives Canada leverage, think again. President Trump has already said he will match any tariffs and taxes with reciprocal tariffs and taxes. Canada also risks these essential digital services going dark in Canada!
In fact, Canada’s exports to the USA account for approximately 20% of its GDP, while US exports to Canada represent about 1.7% of its GDP. This makes Canada roughly 12 times more reliant on the US market than the US is on Canada. The US could potentially offset the loss of Canadian exports within a few quarters of economic growth.
Earlier today, President Trump had discussed the issue further.
“Maria Bartiromo: You said you’re stopping all trade discussions with Canada?
President Trump:
Until such time as they drop certain taxes, yeah.
People don’t realize Canada is very nasty to deal with. They have charged our farmers up to 400%…
Canada is a very tough country to deal with, and I love Canada. USMCA is no good if they cheat. There have been things going on that we don’t like and things going on where they took advantage. Hopefully we’ll be fine with Canada. I love Canada. Frankly, Canada should be the 51st state. It really should. Canada relies entirely on the United States. We don’t rely on Canada.”
Even if Prime Minister Mark Carney negotiated new trade deals with each G7 member other than the U.S., namely France, Germany, Italy, Japan, and the United Kingdom, the combined economic size of these countries would not match that of the United States. Based on 2024 IMF data, the GDP of these five G7 nations totals approximately $17.5 trillion, while the U.S. GDP stands at around $28.8 trillion. This means their combined economic output is only about 61% of the U.S. GDP, falling short by roughly $11.3 trillion, highlighting the significant gap in economic scale.
As I’ve repeatedly warned, Canada cannot afford to be “the last country to negotiate a trade deal” because “the last will absolutely lose” (Eric Trump, X, April 3, 2025). Carney’s missteps have made an already precarious situation far worse.
Contrast this with the United Kingdom, Canada’s mother country, which has wisely seized the opportunity to secure a trade deal with the U.S. early on. The UK’s foresight should be commended. Meanwhile, Canada—despite being the second-smallest G7 economy—has failed to follow suit, blinded by arrogance.
The reason we report on this is because these trade issues are having a direct effect on property values by hurting consumer confidence in our real estate market. Too many sit back and watch the erosion of their property values, trusting in a government dedicated to bankrupting your family. These acts and decisions are not those that align with Canadian values.
By raising awareness, it is our hope to affect needed change.
For our clients:
“Information is the key in turning uncertainty into opportunity”. – Luke Dalinda
We act at the Speed of Need, delivering timely market insights to optimize the success of your condo sale.
In breaking this news on X.com today with our news partners, our reporting has achieved, to the time of this post, over 88,000 views, 2,100 likes, and over 212 comments.
Thank you to those who have reached out to thank us for our coverage on the Canada and US trade issues. We do not charge a subscription fee for our work but sincerely appreciate those who take a second to offer their thoughts and thanks. You can always email us at: LDALINDA@DALINDA.NET
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
For weeks, I have been sounding the alarm on this blog and across social media about the dangerous path Canada is on. Now, the consequences are clear.
President Trump has canceled all trade negotiations with Canada after uncovering yet another backstabbing move by Prime Minister Carney against the United States. Canada now faces a stark “Take it or Leave it” trade ultimatum from the U.S.
This is devastating news for Canada. Carney’s actions have severely damaged relations with the world’s largest economy, jeopardizing Canada’s economic future.
As I’ve repeatedly warned, Canada cannot afford to be “the last country to negotiate a trade deal” because “the last will absolutely lose” (Eric Trump, X, April 3, 2025). Carney’s missteps have made an already precarious situation far worse.
Contrast this with the United Kingdom, Canada’s mother country, which has wisely seized the opportunity to secure a trade deal with the U.S. early on. The UK’s foresight should be commended. Meanwhile, Canada—despite being the second-smallest G7 economy—has failed to follow suit, blinded by arrogance.
Canada now stands at a critical juncture, and the cost of this failure will be steep.
UPDATE:
President Trump has announced earlier on a Fox News conference that the “Take it or Leave it” letters would result in flat, across the board tariffs of at least 25%.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
I try to raise awareness to counter an overwhelming litany of misinformation that seeks to impair our judgment in an effort to defend one basic belief that is under constant attack:
“The only way for honest people to elevate their lives is through their homes and their home equity, a sacred symbol of their labor, security, and hope for their children. This belief is what drives us to achieve the best possible outcomes for our clients.”
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
@MarkJCarney continues to flip-flop while issuing new threats to the world’s largest economy like an emperor with no clothes. (Sorry to sound harsh but our hard-earned property values are at stake.)
On June 16, 2025, Mark Carney had posted on X of his pledge to have a US trade deal on the remaining trade disputes in “thirty days”, which would have come due on July 16, 2025.
I was glad to welcome President Trump to Canada today for the G7 Leaders’ Summit.
We focused on global challenges as well as immediate trade pressures, including priorities for building a new economic and security relationship between Canada and the U.S.
Then, just 3 days later, on June 19, 2025, seemingly after the countdown posts, Mark Carney had posted the very awkward statement, “We will take the time we need to negotiate the best deal for Canada, but no longer.”
We will take the time we need to negotiate the best deal for Canada, but no longer.
In parallel, we will protect workers and industries from the unjust U.S. tariffs. https://t.co/U7iwxczj0I
If that is not confusing enough, on June 19, 2025, Mark Carney had issued a news release stating that the 30 days to resolve the “trade crisis” would fall due on July 21, 2025, which is actually 32 days.
Then, also on June 19, 2025, Mark Carney had re-engaged in dangerous and divisive threats of new counter tariffs against the USA., falsely citing an effort to build “the strongest economy in the G7”.
Canada’s steel and aluminum industries are world-class—and they deserve a level playing field.
While we work toward a deal with the U.S., we’re taking strong, targeted action to defend our workers, uphold fair trade, and build the strongest economy in the G7. pic.twitter.com/OkgbL9Jlc8
— François-Philippe Champagne (FPC) 🇨🇦 (@FP_Champagne) June 19, 2025
The strongest G7 economy, by any measure, is the USA. Even if Mark Carney negotiated new trade deals with each G7 member other than the U.S., namely France, Germany, Italy, Japan, and the United Kingdom, the combined economic size of these countries would not match that of the United States. Based on 2024 IMF data, the GDP of these five G7 nations totals approximately $17.5 trillion, while the U.S. GDP stands at around $28.8 trillion. This means their combined economic output is only about 61% of the U.S. GDP, falling short by roughly $11.3 trillion, highlighting the significant gap in economic scale.
This is why resolving the remaining trade disputes with the U.S. is vital for Canada. Canada cannot be “the last country that tries to negotiate a trade deal” because “the last will absolutely lose” (Eric Trump on X 2025-04-03).
President Trump has said that those countries without a trade deal will get a “Take it or Leave it” letter.
Remember the example of the UK in resolving this situation. The UK should be commended for being among the first and few to seize the opportunity for a trade deal with the US.
The PM needs to stop playing games and deliver results for Canadians. 26 days left!
Questions to consider
Why has there been no improvement in any economic indicators due to Mark Carney’s “plans”?
Why did the UK, Canada’s mother country, move so quickly to secure a US trade deal, yet Canada, the second smallest G7 country by GDP, believes it can threaten additional counter-tariffs to achieve a favorable outcome?
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
