News, Updates, Guides

blog image

U.S. vs. Canada: Diverging Economic Fortunes Amid Rising Rates

November 01, 20234 min read
Being next door neighbours doesn't mean the U.S. and Canada are on the same financial playing field. How does it feel knowing that the U.S. economy is going to recover far faster than Canada's?
Slowdown in Canadian economic growth linked to real estate

Summary of the original article at the bottom of this page.

How many headlines are we going to need before reality sinks in?

Rising interest rates are hurting Canadians far more than U.S. consumers as Canadian household debt-GDP ratio compared to the U.S. is much greater, and growing.

We have more debt vs. what we can actually earn in dollars.

In addition, we are seeing a greater relative increase in population and workforce, but much weaker economic activity.

Basically more people in our country who are producing less and less.

What does this mean?

Risks of Canada's heavy investment in real estate

With much of Canadian wealth being tied up in housing, rising interest rates are continuing to spell disaster for our illiquid economy.

People cannot even access the equity they have been paying into their homes, because they cannot sell their home for more, or breakeven for what they bought it for.

What could we have been thinking?

Years and years of buying over asking prices...

Speculation run poisonously rampant.

Did we really believe that housing prices would go up forever - this quickly?

Canadian economic hurdles tied to real estate focus

If you bought a house between 2020 and now, ask yoruself this:

"Did wage growth of the average Canadian come anywhere close to the growth in property values? Or even the costs of renting in Canada?

"Did I buy this home with the intention of selling it to someone who could afford it? Or did I purchase this home to sell to an investor who would rent it out?

"Will the investor even find someone who can afford to rent it out?

"Are these rents affordable for someone who cannot afford to purchase a home, but needs somewhere to live?

Was anyone asking these questions before getting into these commitments?

Or does Canada have the best realtors on the planet?

And by best I mean being able to sell absolutely anything for exorbitant prices.

Our economy has been on the real estate gravy train for so long that Canadians have literally forgotten how to do anything else.

Over the past 30 years, investments into technology and innovation have paled in comparison to a real estate market on steroids.

We are desperately paying the price for that now.

Canadian economy's vulnerability due to real estate dependency

Now I would like you to ask yourself...

"Am I the type of person who is going to rely on things like interest rates, the productivity of 'other people' or even a bail out from government, in order to get through this?"

"Or am I someone who is going to take the reign of their financial roadmap, into their own hands?"

If you feel like you are leaning towards the latter, and want to see how an investment into digital 'assets' can completely transform how you secure a financial future...

Contact me.

Until next time.

Alex, Peak Demand

TEXT +1 (647) 691-0082 to chat with our AI assistant 'PeakBot'.


Email to chat with our AI assistant 'PeakBot'.

Entrepreneurs In Canada

A summary of the article is included below.

Original Article: Mild recession could quickly get worse without rate cuts: experts

Link to BNN Bloomberg Post:

Summary: The U.S. economy is outperforming Canada's, with significant growth despite both countries facing high inflation and rising interest rates. The Canadian economy is near recession, with GDP stalling, while the U.S. GDP is growing robustly. Factors contributing to this divergence include the structure of household debt and mortgage systems, differences in fiscal policies with the U.S. government injecting more money into the economy, and contrasting levels of business investment and productivity.


  • Debt Sensitivity: Higher interest rates are impacting Canadian consumers more due to their larger household debt-to-GDP ratio compared to Americans, leading to reduced spending and economic growth.

  • Government Spending: The U.S. has a more aggressive fiscal policy, running larger deficits and investing heavily in infrastructure and industry, which stimulates growth.

  • Investment Discrepancy: U.S. companies are ramping up investments, especially in factory construction, while Canadian companies are cautious, contributing to slower Canadian economic growth.

  • Productivity Contrast: U.S. productivity is on the rise, contrasting with Canada’s declining productivity, which hampers economic growth.

  • Interest Rate Outlook: Economic conditions suggest Canada may lower interest rates before the U.S., with potential implications for the Canadian dollar's value.

canadainterest ratesreal estateinvestingtechnologyeconomic recoveryrecession
blog author image

Alex Masters Lecky

Alex is the founder of Peak Demand. He is a professional content creator, media buyer, and business development specialist. He also adores animals!

Back to Blog

Your Digital Marketing Agency In Toronto, Canada

Popular Services


Website Design

Leave the captivating websites to us – we'll craft an online presence that transforms your visitors into loyal customers. We focus on visually stunning and user-friendly designs, while you focus on the business.



Experience SEO mastery as we boost your online visibility and elevate search rankings. Our technical wizardry will drive organic traffic, transforming your website into a lead-generating powerhouse.


Email Marketing

Unlock the potential of email marketing. Engage customers, nurture leads, and drive conversions with personalized campaigns. Our expert team will handle it all, keeping communication lines open and humming with your prospects.


Paid Ads

Maximize your reach with strategic paid ads. Drive targeted traffic with data-driven campaigns and optimized ad spend. Experience the impact of A/B testing and witness more leads and conversions than ever before.


AI-Powered Chatbots

Enhance customer service with AI chatbots available 24/7. Instantly answer questions, generate leads, and improve customer satisfaction. Experience seamless interactions and efficient support that never sleeps.



Streamline business processes with automation. Save valuable time as we handle workflow management, and enhance efficiency. Focus on what matters most as our automated solutions propel your business forward.

Get Found Online - Achieve Peak Demand

Hi there! Welcome to Peak Demand.

Is your business getting found online?

How to Get Small Business Grants in Ontario for Digital Services

See our recent blog post on how to get small business grants in Ontario. Give your digital infrastructure a boost with funds directly from the provincial government.

Being In Demand Is As Simple As Being Found Online

A few things to think about though:



Website Domain

Website Design/Migration

Website Development

Website Traffic

Lead Generation

Landing Pages

Funnel Building

A/B Testing

Data Analytics

Digital Marketing

Search Engine Marketing

Search Engine Optimization (SEO)

Conversion Rate Optimization

Content Roadmapping

Content Creation

Blog Management

Social Media Marketing

Social Media Management

Automated SMS Campaigns

Automated Email Campaigns

Custom AI-Powered Chat Bots

And so much more...

Say Hello to 'PeakBot'

TEXT +1 (647) 691-0082

An AI-Powered Chatbot for:

Appointment Booking

Customer Service

Lead Generation

Technical Support

Content Creation

Embrace Artificial Intelligence

Deploy Your Custom Built Chatbot Today

Peak Demand Is The Ultimate Digital Partner To Help You Get Found Online

Peak Demand is your comprehensive, done-for-you digital platform and agency. We will help you significantly boost the online visibility of your business. Our agency is purposed to make life easier for you by getting you found online. So make getting found online easier by partnering with us here, on Peak Demand.

Stop the Confusion

Navigating and integrating complex technologies is overwhelming.

Just keep your focus on what you know best.

While you put energy into the bottom line of your business...

We'll handle the rest.

Because Being Found Online Is Not So Simple...

81% of consumers start their buying journey with a search online. But the mountain of digital visibility is enormous.

Over 90% of all websites online get 0 visitors from any search engines.

The top 10% of websites end up receiving an overwhelming amount of visitors, and in most cases, new business. With the advent of smart phones and tablets, this website traffic has increasingly become mobile.

Over 85% of all web traffic in Canada is now accessed through a mobile device.

Making mobile readiness a necessity. Is your business mobile ready?

Getting found online can be a very intimidating, and sometimes lonely process. So when it comes to scaling the mountain of visibility in your own industry...

We are with you every step of the way.

We can also design your very own personal AI of course.

Find Support

Our all-in-one digital marketing platform is designed to support any business or service that is looking for more exposure online. Relieving pressure on business owners who don't have time for tech.

All In One

No more confusing integrations and technical nightmares when trying to piece together a hundreds tools with lots of different price tags. We put everything in one place, and we can manage it all for you while you watch.

Stand Out

You’re here to do what you love, make money and provide a great service to your clients. We'll help you build a reputation that not only stands out, but one that also goes the distance.

Reach Goals

We’re here to help you make your revenue goals happen - you just have to focus on what you do best. while you take care of business, we’ll take care of the rest.

Here’s what we can do for you and your business:

Build powerful websites with 'intentions' that convert visitors into customers.

Your website is your base camp - a critical foothold on your journey towards peak demand. We craft not just aesthetically pleasing, but high-converting websites that transform visitors into customers. From innovative design to intuitive navigation, we take care of every detail to ensure your digital platform is primed for success.

Boost your brand's online visibility to generate high-quality leads.

In the vast digital landscape, standing out can feel like scaling Mount Everest. We're here to build a safe and reliable path for you. Leveraging a mix of SEO strategies, engaging content, and data-driven marketing, we enhance your online visibility and attract high-quality leads to your business. You can focus on your day to day, while we manage your climb to the top of search rankings.

Streamline your digital communication with cutting-edge automation.

Effective communication is your reliable guide assisting you with client relations. We incorporate advanced technology to automate essential interactions, from follow-up emails to appointment reminders. Our comprehensive management lets you focus on providing top-tier services, knowing your communications are timely and professional.

Establish a respected reputation within your target region and industry.

Reaching the peak of demand in your region is more than just climbing altitudes; it's about the mark you leave behind - your legacy. We aid in crafting a resilient reputation for your business, one that resonates within your service area and industry. From managing online reviews to producing impactful content, we'll ensure your flag flies high, marking your position stick as a trusted and respected leader.

Grow, manage, and cultivate your digital presence with a powerful platform and team.

The terrain of the digital world can be as challenging and treacherous as a rugged mountain range. We're here to guide you on your journey. By employing the right tools and strategies to manage your digital presence, we plan for your growth. Our full-service approach covers all aspects of your digital marketing. From client interactions to marketing analytics, we will navigate a clear path towards peak demand in your target market.

Say goodbye to stress, and time wasted on juggling multiple tools, while using multiple platforms.

Say hello to immense satisfaction and relief of an all-in-one digital solution that is managed for you.

Start The Power Up

Peak Demand gives you everything you need to power up the digital side of your business...

But why not just have us do it for you?


AI Appointment Booking Chatbot

Have your prospects book themselves

through SMS or email.


AI Customer Service Chatbot

Answer questions about your business 24/7.

Perfect for lead generation.


AI Content Creation Msgs & Blog

Leverage AI to create powerful, and personalized,

written messages and blog posts.


AI Customized Workflows

Leverage AI to develop custom workflows

specific to your business process.

Sales Funnels

Convert your online visitors into actual paying customers..


Create your web presence exactly the way you want to be seen.

Online Courses

Turn your knowledge, passion or experience into revenue.

Payment Gateway

Integrate with Stripe, PayPal and many other to sell your products online.


Manage your appointments with Calendars.


Manage your students or leads and turn them into fans.

Landing Pages

Create Landing Pages for your website or your funnels.

Email Marketing

Reach and engage with your audience where they are.

Membership Sites

Build a membership site to generate recurring payments.

A/B Testing

Run A/B tests on your funnels.


Create a blog that positions you an expert in your industry.

Templates Library

Select beautifully crafted Email templates, Landing pages, funnels and even websites.


Get all the data you need to grow your business.


Easy and powerful drag and drop page editing experience.


Create powerful workflows to automate your marketing.

Global Products

Create your product once and sell it inside any funnel.


How much does it cost and can I cancel any time?

Peak Demand costs $197/month for access to all features, done-for-you templates and unlimited support. Yes you can cancel any time. You can also upgrade to higher service packages for monthly services from our team.

Do I need web hosting account?

No you don’t, hosting is included.

Do I have complete ownership of any content I publish on Peak Demand?

You have 100% legal ownership of any content you create on Peak Demand or upload to the platform.

Can Peak Demand build my website for me?

Yes, our team can build your website for you. Once you are subscribed to a plan, there are additional custom services available, including website build-outs.

How many funnels, websites, courses/memberships and domains can you have?

You can have unlimited funnels, websites, courses/memberships and domains in your plan. One subscription allows you to build any number of websites.

Can I use my own domain?

Yes you can use a domain you already own. You have the ability to add unlimited domains, so you can create multiple websites. Peak Demand can also manage your domain for you as part of our custom services.

Can I deploy an AI-powered chatbot that knows specifically about my business and services?

Yes you can deploy a customer service chatbot that is powered by artificial intelligence on your website. This will answer prospect questions and can also help convert them into leads by guiding them to book a meeting with you directly through the chatbot.

How much does an AI-powered chatbot cost?

The cost of deploying a chatbot depends on the complexity and training of the AI. What do you intend the chatbot to do? How much do you want the chatbot to know? We will work with you directly to fully understand your expectations of the chatbot, and determine the best strategy for deployment and associated costs to develop.

What social media platforms does Peak Demand integrate with?

Peak Demand is integrated with Facebook, Twitter, Instagram and LinkedIn.

Can I move websites or courses from other platforms?

Any websites or courses you have built on other platforms will need to be rebuilt on Peak Demand but it’s easy to do and we will help you create a migration plan. Most of our users are fully migrated within about 2 weeks. *This will depend on how much content you have to migrate.

Can you build a membership/subscription site with Peak Demand?

You can build membership websites and sell all kinds of digital offers including courses, digital products, audios, and 1-to-1 coaching.

Can I keep my existing website and use Peak Demand for everything else?

If you are currently using WordPress, and want to take advantage of some of the tools on Peak Demand, we will support you on integrating your current website with our platform.

Are the websites and pages mobile responsive?

All pages created with Peak Demand are fully responsive and mobile-friendly. All internet traffic is over 80% mobile. Being mobile ready is a necessity for any business.

What payment gateways integrate with Peak Demand?

Stripe, PayPal, & NMI.

Does Peak Demand offer an analytics/stats dashboard?

Peak Demand will give you access to lots of data about your business including your emails, pages, courses and customers.