When Canadians realize that we are not in a full-scale trade war with the U.S., but rather facing manageable trade disputes that can be resolved through mediation, confidence in the economy will surge. This shift in perception is likely to drive a significant increase in home and condo prices. Now is the optimal time to buy real estate before the market heats up.
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
One of the key factors distinguishing the Dalinda Team is our belief that, “Information is the key in turning uncertainty into opportunity”. We pride ourselves in providing our clients with market news at the speed of need, enabling them to make timely, informed decisions. In that regard, here is our latest perspective on the Canada-US “trade war”.
“With many counter-tariffs gone, it’s time for Ottawa to stop playing politics and start telling Canadians the truth — the tariff narrative no longer matches economic reality.”
In a National Post article published on May 15, 2025, wherein an Oxford Economics study had found that, in April 2025, during Canada’s election campaign, Prime Minister Mark Carney had quietly moved to eliminate most retaliatory tariffs on U.S. goods, a decision made on April 16 and effective from May 7, following his first official meeting with President Trump on May 6. This had reversed the previous “dollar-for-dollar” tariff policy set by Justin Trudeau, though some tariffs, including those on orange juice, coffee, alcohol, and certain machinery, have remained.
Carney’s almost secretive actions, which had not been made in a public announcement during the campaign nor have they been announced at any time since, had been intended to ease economic pressures. Why the lack of transparency?
USMCA compliant goods will also remain at 0%. What is USMCA compliant you may ask? USMCA-compliant goods are products meeting the United States-Mexico-Canada Agreement’s rules of origin, qualifying for tariff benefits when traded between the U.S., Mexico, and Canada. Example: A car built in Ontario, Canada, with 75% of its parts sourced from Canada or the U.S. Non-compliant goods would be those made in China and shipped through Canada.
Canada is not for sale: Doug Ford’s misrepresentation
Doug Ford has falsely claimed that Donald Trump has offered to buy Canada. No such offer has ever been made. While Trump has expressed openness to Canada becoming the 51st state, he has never proposed purchasing it. Ford’s baseless assertion, tied to his “Canada is not for sale” merchandise sales, has shifted focus from critical tariff negotiations.
Again, some Canadian retaliatory tariffs remain in place, including on specific food items such as orange juice, alcohol, and coffee. Some American tariffs remain in place too, but nothing to substantiate our economic death spiral, as evidenced across numerous sectors.
Are we really in a trade war, or are we just in need of mediation over some trade issues?
Why is a false narrative being pushed upon us that, as Mark Carney had said on X on May 11, 2025, “We are in the biggest crisis of our lifetime”?
Our Federal Government has just announced that there will be no Federal Budget for 2025, denying Canadians the the ability to scrutinize the use of public funds, undermining transparency and accountability.
“I still don’t like this one bit. Canadians have a right to know the state of the government’s finances—like how bad are they now” – Derek Holt, Vice President and Head of Capital Markets Economics at Scotiabank
In these challenging times, Sellers and Buyers are looking for confidence and hope, which we submit can only come from truth.
When Canadians realize that we are not in a full-scale trade war with the U.S., but rather facing manageable trade disputes that can be resolved through mediation, confidence in the economy will surge. This shift in perception is likely to drive a significant increase in home and condo prices. Now is the optimal time to buy real estate before the market heats up.
After immense pressure, Prime Minister Carney has agreed to deliver a Federal Budget this fall.
In response, Pierre Poilievre has said, “A so-called budget to be tabled in the fall when half the budget year is over. In what world does this make sense?”
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
“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.
The Bank of Canada’s Financial Stability Report 2025, released yesterday, May 8, 2025, warns that a prolonged trade war could trigger severe financial risks, including asset fire sales, market dysfunction in core funding markets, and the need for emergency liquidity measures. These disruptions could hit Canadian households hard, especially with 60% of mortgage holders facing renewals in 2025-26, many at higher interest rates. Banks may tighten lending, and some households could struggle to make debt payments, potentially leading to rising defaults under severe stress.
While other countries move quickly to secure U.S. trade deals, Canada remains complacent.
As Eric Trump has recently posted 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…”
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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 3101 – $2,300,000
Suite 3101 is a stunning, palatial condominium residence, with approximately 2,836 square feet of luxury living space, 3-bedrooms, and the most enchanting 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.
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 2812 – $829,000
Thoughtfully designed to maximize space! Suite 2812 is a stunning condominium residence, with approximately 813 square feet of living space, 1+1-bedroom, and beautiful Humber River and Swansea Village views.
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 3502 – Just Sold for $1,388,000 (Seller and Buyer Representative)
Luke Dalinda has achieved a historic $1,170 per square foot for Palace Place, by having sold Suite 3502 for $1,388,000, by having represented the seller and the buyer. Suite 3502 is an incredible renovation that features a re-imagined floor plan that creates a rare trophy residence.
Fact: Luke Dalinda is the ONLY realtor to CONSISTENTLY achieve over $1,100 per square foot for Palace Place.
This remarkable accomplishment during very challenging economic times has been achieved through hard work. In addition to his unrivalled marketing plan, Luke Dalinda had ensured that every single showing understood the value and opportunity of Palace Place.
Palace Place is an Amazing Deal for Buyers: Where else can you get the 5-star life for this price?
The buyer did very well too, securing a trophy condo for over $100K under ask! While smaller sized suites will always generate a higher price per square foot than the larger suites, at $1,170 per square foot, the buyer has purchased a brand new, turn-key renovation with hundreds of thousands in upgrades.
Buyers want space, and, most importantly, buyers want quality. New construction fails to deliver these two key requirements. Palace Place offers unrivalled construction, spacious floor plans, 5-star amenities and services, and million dollar forever views that you cannot find in new buildings today!
Fact: When the average price of Palace Place is $914 per square foot, Luke Dalinda is the ONLY realtor to CONSISTENTLY achieve over $1,100 per square foot for Palace Place.
Other realtors cannot replicate these results because they are uninformed about the numerous features that set Palace Place apart from other buildings. Also, their focus is everywhere else but Palace Place, so they want a fast sale so they can move on to other deals.
This is why when it comes to Palace Place, it pays to list with Luke Dalinda. Luke offers better service and better results (for less than what your cousin/brother/friend realtor charges).
Call, text, or email me today to learn exactly what I bring to the table to help you to achieve the best price possible.
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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 309 – $1,499,000
Suite 309 is an exquisite condominium residence, with 1,388 square feet of luxury living space, 2-bedrooms, and captivating views of the lake, lush grounds, and beautiful sunsets. This suite has been impeccably renovated featuring stunning wood floors, an elegant open kitchen, a stately fireplace, new washrooms, and smooth ceilings.
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 809 – $1,199,000
Suite 809 is a highly sought-after, newly renovated condominium residence, with approximately 1,388 square feet of living space, 2-bedrooms, 2-full baths, and breathtaking views of Lake Ontario, the Humber Bay Shores parkland, the Humber River, and Swansea village.
Contact Luke Dalinda now for your exclusive opportunity to tour this masterpiece!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
I have listened to many of your opinions. Now it is time for my own. This is why I support @pierrepoilievremp His message, values, and beliefs have never changed, and this proves it! Canada needs change NOW!
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Palace Place, 1 Palace Pier Court, and Palace Pier, 2045 Lake Shore Boulevard West, in Humber Bay Shores.
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.
