Rosenberg reverses house price outlook, sees softer landings for Canada economy and rates

Rosenberg, once bearish on Canadian housing, now believes price declines will be more modest as interest rates could fall and bring affordability back.

He predicts both the Canadian and U.S. economies will enter recessions in 2023, forcing central banks to cut rates significantly.

Rosenberg thinks immigration levels are too high and not supported by economic growth, hurting Canadian living standards.

He is critical of high government spending levels post-COVID and wishes for a new transformational, fiscally conservative leader like past PM Brian Mulroney.

At 63, Rosenberg remains passionate about his work, wakes up early daily, and is driven by his endless curiosity about economics and markets.