65: Understanding the Complexities of the Current Canadian Economy with Beaton Rettich Waters' Scott Beaton

Episode 65: Matt and Taylor are joined by Scott Beaton, CPA, CFA. Scott is a Partner at Beaton Rettich Waters from Kelowna, BC, an advisory firm that specializes in helping organizations tackle transformative change. His team supports growth initiatives, software implementations and process improvements - all based in an understanding of human behaviour in complex systems. Scott connects economic and market factors with operational realities and financial implications to keep projects focused on where the value is.

 

Scott is here to discuss:
→ How his firm helps other businesses grow, the psychology of rate cuts on consumers, and how "bubbles" are created in an industry and then burst.
→ Canadian inflation and interest rates, the link between the US Fed and the Canadian dollar, and why there's a lack of investment in business and real estate.
→ The capital gains tax increase and the cost of public funds, what influences productivity rates, and the impact immigration has on housing.

 

BONUS Topic: In the intro, Matt and Taylor discuss Bill 14, which are proposed changes to the tenancy laws in BC.

 

Beaton Rettich Waters Website: www.beatonrettich.com

Beaton Rettich Waters LinkedIn: @BeatonRettichWaters

Scott Beaton's LinkedIn: @ScottBeaton

 

The Kelowna Real Estate Podcast is brought to you by Century 21 Assurance Realty, the gold standard in real estate. To learn more, visit: www.c21kelowna.ca

 

Matt Glen's Website: www.mattglen.ca

Matt Glen's Email: Matt.glen@century21.ca

Matt Glen's Instagram: @mattglenrealestate

 

Taylor Atkinson's Website: www.VentureMortgages.com

Taylor Atkinson's Email: Taylor@VentureMortgages.com

Taylor Atkinson's Instagram: @VentureMortgages